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José Del Carmen
Jose is 36 years old, single, and has two school-aged children. He came back to the offices of CEPRODEL to request a new loan to continue with improvements that he is making to his house. This loan will be used to purchase construction materials such as: sheets of corrugated metal roofing, beams, and paint. He will use these materials to put a new roof on his house since his roof is in bad condition.

He is doing this work so that his children can grow up in a better house.
View original language description ↓
José, tiene treinta y seis años de edad, es soltero y tiene dos hijos los cuales se encuentran en edad escolar.
Don José acude nuevamente a las oficinas de ceprodel para solicitar un nuevo préstamo para continuar las mejoras en su casa de habitación, ya que el préstamo era utilizado en la compra de materiales de construcción como es la compra de zinc, perlines y pintura para cambiar el techo de su casa de habitación ya que este se encuentra en mal estado.
Para que su familia pueda contar con una mejor vivienda para su desarrollo.

Additional Information


This loan is administered by Centro de Promocion del Desarrollo Local (CEPRODEL), one of Kiva’s larger partners in Central America. Founded in 1991 and based in Managua, Nicaragua, CEPRODEL specializes in the development and funding of housing cooperatives for traditionally marginalized communities, the provision of microfinance services to small businesses, and the promotion of innovative renewable energy projects. In addition, unlike many microfinance institutions in the area that have chosen to avoid the rural areas of the country due to the increased financial risk, CEPRODEL provides financial services to numerous clients in the agriculture and livestock industry. Supporting a borrower through CEPRODEL means contributing to the promotion and sustainability of this important work in Nicaragua.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $4,800
    Average annual income
  • 41
    View loans »
    Nicaragua Loans Fundraising
  • $26,418,100
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped José Del Carmen to buy construction materials: sheets of corrugated metal roofing, beams and paint.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 27, 2011
Sep 10, 2011
Currency Exchange Loss:
Nov 15, 2012