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Gustavo Felipe
This client serves as an agent or security guard in a hospitality center of the zone of San Rafael del sur. He is married and the father of two children of school age. He requests a loan to purchase building materials to have a more worthy home for him and his family. In addition, he is thankful for these agencies that help to improve the standard of living above all of wage-earning people.
View original language description ↓
Este cliente ejerce la función de agente o guarda de seguridad en un centro hospitalario de la zona de san Rafael del sur, es casado y padre de dos hijos en edades escolares, solicita crédito para la compra de materiales de construcción para tener un hogar más digno para él y su familia, además agradece a estos organismos que ayudan a mejorar el nivel de vida sobre todo de personas asalariadas.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Gustavo Felipe to buy building materials such as sand, cement and zinc and to pay for labor.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 26, 2011
Oct 6, 2011
Currency Exchange Loss:
Dec 9, 2012