Check out other loans that are currently fundraising!
Wilfredo is from the town of El Sauce. As a father responsible for his home, he has worked arduously in a state institution for many years. This activity has allowed him to raise his daughters and to build his own home, which he has been improving with the small loans that CEPRODEL has granted him. For this reason he is grateful for this unconditional help to wage-earning people because without it they would not be able to carry out their dreams since the wages only cover household expenses. At the moment, he wants to improve the kitchen in his house so he is asking for his fifth loan to buy cement, wire, sand, brick, iron, and to pay for the labor.
View original language description ↓
Wilfredo es originario del municipio de El Sauce, como padre responsable de su hogar trabaja arduamente en una Institución del Estado desde hace muchos años, actividad que le ha permitido preparar a sus hijas y construir su propia vivienda la que han ido mejorando con estos pequeños créditos que le ha otorgado Ceprodel.
Por ese motivo le agradece por este apoyo incondicional a las personas asalariadas ya que sin ello no pudieran llevar a cabo sus sueños porque el salario solo abarca para los gastos del hogar.
En este momento quiere mejorar la cocina de su vivienda por eso está solicitando su quinto crédito para comprar cemento, alambre, arena, ladrillo, hierro y pago de mano de 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
  • 49
    View loans »
    Nicaragua Loans Fundraising
  • $26,293,200
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Wilfredo to buy cement, wire, sand, brick, iron and to pay for the labor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 26, 2012
May 18, 2012
Currency Exchange Loss:
May 17, 2013