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María Teresa
Señora María Teresa is a native of the municipality of El Sauce. She is a single mother. She has been dedicated to working in an institution of her own city for several years already and is very experienced in said work. She has earned the appreciation of many people for being a very efficient worker. One of the needs that she has is to acquire immediately a loan to buy building materials such as sheets of zinc and supports and to pay for labor to improve the roof of her dwelling and thus to give it a better appearance and provide a better standard of living to her family. For this reason she decided to request a loan from Ceprodel to carry out her home improvement plans, knowing that it will serve to benefit her a lot for the development of her work.
View original language description ↓
La señora María Teresa es originaria del municipio de El Sauce, es madre soltera, se dedica a laborar en una institución propia del municipio teniendo ya varios años y contando con una gran experiencia en dichas labores además que se ha ganado el aprecio de muchas personas por ser una trabajadora muy eficiente.

Una de las necesidades que tiene es adquirir a lo inmediato un crédito para comprar materiales de construcción tales como láminas de zinc, perlines y pago de mano de obra para mejorar el techo de su vivienda y así darle una mejor apariencia y mejor nivel de vida a su familia.

Por tal razón decidió solicitar su crédito en Ceprodel para llevar a cabo sus planes de mejora sabiendo que le servirá de mucho beneficio para el desarrollo de su obra.

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
  • 51
    View loans »
    Nicaragua Loans Fundraising
  • $26,293,200
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped María Teresa to buy zinc and perlines (supports).
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Sep 13, 2011
Oct 6, 2011
Currency Exchange Loss:
Mar 15, 2013