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Cresencio Ramiro
View original language description ↓
Cresencio C. is a hard working man who works as a security guard for a private institution in the local town of Leon, town of El Sauce. He's a father to two children who he makes an effort to give them all they need and at the same time offer them a better future.

Due to difficult economic conditions and not being able to find a job, he decided to become a security guard. This is a very dangerous job but he wishes to build his house because it is in awful conditions and nature has also destroyed some of it.

In order to fulfill this dream, Crecencio has come to Ceprodel and requested a loan that will allow him repair his house and at the same time improve his family's way of life. Cresecio has already had 4 loans through Ceprodel and with these credits, he's been able to build a concrete wall. He still needs to complete his bedroom wall.

Translated from Spanish by Maria Peterson, Kiva Volunteer.

Cresencio C. es un caballero muy esforzado que se dedica al trabajo de guarda de seguridad en una institución privada ubicada en la ciudad de León en el pueblo El Sauce. Es padre de dos hijos en edad escolar quien día a día lucha para brindarles un mejor futuro y un techo digno donde vivir.

Debido de la difícil situación económica que atraviesa y al no hallar empleo en ningún lugar, decide iniciar este peligroso trabajo de guarda de seguridad con el único fin de reconstruir su casa debido a que se encuentra en mal estado y además los fenómenos de la naturaleza la han dañado mucho.

Para lograr este sueño, Crecencio ha acudido a Ceprodel para ser beneficiado con Créditos que le permitan mejorar la infraestructura de su hogar y de esta manera brindarle un mejor estilo de vida a su familia. Don Cresencio actualmente ha realizado 4 créditos en Ceprodel y según cuenta le han beneficiado grandemente ya que con estos créditos ha logrado levantar un muro de concreto pero aun le hace falta mucho mas para terminar de reconstruir su casa de habitación.

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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,779,525
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Cresencio Ramiro improvement of his home.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 2, 2008
Feb 16, 2008
Currency Exchange Loss:
Oct 15, 2009