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Fabio Ricardo
Physical education is of vital importance as it helps to maintain fitness and above all good health. In the municipality of Telica, in the department of León, Señor Fabio is a physical education and sports teacher in a small school in the municipality, where he trains many children. It is worth mentioning that he has been doing this job for the past 19 years. He is currently married and he has 3 children to support.

Señor Fabio needs to improve his living conditions as his home is in a bad state. Therefore, he has decided to turn to Ceprodel to apply for a loan to purchase construction materials such as tiles and cement and also to pay for the labor to undertake the improvements so that he can continue with his day job.
View original language description ↓
La educación física es vital para las personas ya que les ayuda a mantenerse en forma y sobre todo a mantenerse muy saludables. En el municipio de Telica departamento de León, el señor Fabio es profesor de educación física y deporte en un pequeño colegio del municipio donde adiestra a muchos niños en esta educación. Cabe señalar que se dedica a esa labor desde hace 19 años. Actualmente es casado y con 3 hijos a los que mantiene.

El señor Fabio necesita mejorar sus condiciones de su vivienda debido a que ha estado en malas condiciones, por lo que ha tomado la decisión de acudir a Ceprodel para solicitar un crédito para la compra de materiales de construcción como, cerámica, cemento y pago de mano de obra para realizar las mejora en el piso principalmente y así continuar con su labor diaria.

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 Nicaragua

  • $4,800
    Average annual income
  • 60
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Fabio Ricardo to pay for construction materials such as: tiles, tile glue and also labor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 17, 2011
Nov 3, 2011
Currency Exchange Loss:
Dec 4, 2012