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Luis Mercedes
Sr. Luis Mercedes lives in the town of Santa Rosa del Peñon in the Department of León. He is known for being a hardworking person who is able to provide for the welfare of his household and has managed to maintain good living conditions for his family. Luis is known as an excellent worker with good values, thus enabling him to earn the respect of many people.

He came to the CEPRODEL branch in El Sauce to request a loan so that he could make repairs to his home. The loan he requested will be used to buy construction materials, such as cement and sand, so that the improvements to his home can begin and his family will have better conditions.

View original language description ↓
En el Municipio de santa rosa del peñón, departamento de león, el señor Luis Mercedes Se ha caracterizado por ser una persona muy trabajador debido a que ha sabido llevar el bien estar de su casa y a logrado mantener a su familia que tanto ama y aprecia en mejores condiciones. El se caracteriza por ser un excelente trabajador y con buenos valores morales ha hecho que se gane el aprecio de muchas personas.
Actual mente a acudido a Ceprodel El Sauce, con el fin de solicitar un crédito para reparar las condiciones de su vivienda, para ello está solicitando el crédito, para la compra de materiales de construcción, tales como: Sementó y Arena, con esto empezara a la mejora de su vivienda, para las mejores condiciones de su familia.

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
  • $26,366,175
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Luis Mercedes to buy cement and sand for making home improvements.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Aug 12, 2011
Oct 2, 2011
Currency Exchange Loss:
Jan 19, 2013