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Gloria M. O. is a native of the municipality of Somotillo in the city of Chinandega. Currently, engaged in providing well-being to her two school-aged daughters, she looks for a way to invest in the reconstruction of her home, which has suffered from many strikes to it with the passing of time that have prevented it from being inhabitable.

She initiated the reconstruction of part of her home, and today she requests a loan from Ceprodel to purchase construction materials and to pay for the manual labor. For this reason, she trusts that she will receive this loan so that she can improve the living conditions of her young daughters.

Translated from Spanish by Evelyn Garcia, Kiva Volunteer.

La señora Gloria M. O. es originaria del municipio de Somotillo en la ciudad de Chinandega. Actualmente, comprometida con el bienestar de sus dos pequeñas hijas en edad escolar, busca la manera de invertir en la reconstrucción de su vivienda por lo que a medida que el tiempo ha venido transcurriendo, ha sufrido azotes que impiden que se habite en ella.

Inició la reconstrucción por parte de su vivienda y hoy en día solicita a Ceprodel el crédito para la compra de los materiales de construcción y para el pago de la mano de obra. Por este motivo es que muy confiadamente espera que su crédito le será otorgado y de esta manera mejorará las condiciones de vida de sus pequeñas.

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
  • 45
    View loans »
    Nicaragua Loans Fundraising
  • $26,296,575
    Funds lent in using Kiva
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Gloria purchase construction materials and pay for the manual labor.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Jul 9, 2008
Jun 23, 2008
Currency Exchange Loss:
Jan 15, 2010