Check out some available loans that are similar to this one!
José Bismark
Jose Bismark lives in a neighborhood of the city of Managua. He presently works for the state, having fulfilled responsibilities in financial administration for the last 2 ½ years. He is an honest and responsible person with good moral values, is married and has 3 school-age children in his charge. His wife has no stable job and they struggle to provide their children with an education that will prepare them for professions in the future.

Jose Bismark came to this CEPRODEL office to solicit a loan for constructing an annex to a room in his house. With the loan, he will purchase construction materials such as concrete blocks, zinc sheeting, cement and sand.

With this financing, Jose Bismark will invest in expanding his house in order to offer better comfort and conditions of life for his family. Without the help of Kiva through CEPRODEL, he would not be able to make these improvements.
View original language description ↓
El señor José Bismark vive en un barrio de la ciudad de Managua Nicaragua, actualmente trabaja para el estado desempeñándose en el cargo de responsable administrativo financiero desde hace dos años y medios, es una persona honesta, con buenos valores morales responsable, casado con tres hijos a su cargo en edad escolar, que junto a su esposa que no tiene un trabajo estable lucha para darle a sus hijos, una educación profesional en el futuro.

En esta oficina de CEPRODEL se presento don José Bismark a solicitar un crédito para construir un anexo de un cuarto, con este crédito comprara materiales como bloque cinc, cemento, arena.

Con este financiamiento lo invertirá en ampliar su vivienda y darle una mejor comodidad y condición de vida a su familia, porque sin este apoyo que brinda kiva a través de ceprodel no se puede hacer estas mejora.

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
  • 53
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped José Bismark to buy construction materials, including concrete blocks, zinc sheets, cement, and sand.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Feb 27, 2013
Mar 6, 2013
Currency Exchange Loss:
Jul 18, 2014