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Felipe Arnoldo
Arnoldo is from El Sauce, a town where milk and honey abound and are used in many products. He is 58, married and head of a family to whom his has dedicated almost his whole life, working as an operator for a drinking water well that supplies his town. All of his life he has dreamed of having a dignified home where he can give his family better living conditions. For this reason, he asks the Kiva lenders for a loan through Ceprodel in order to apply stucco to his home. He plans to buy cement, sand and pay for labor.

He has faith in God that the good-hearted Kiva lenders will approve his request so that he can make his investment a reality.
View original language description ↓
Don Arnoldo es originario del municipio de El Sauce, pueblo de leche y miel donde abundan estos insumos que se usan para muchas producciones.

Es un señor de 58 años, casado, padre de familia que se ha dedicado casi toda su vida a laborar como operador de los pozos de agua potable que abastecen a dicho municipio.

Toda su vida ha soñado con tener una vivienda digna que tenga todas las condiciones adecuadas para darle un mejor nivel de vida a su familia.

Por tal razón en este momento está solicitando un crédito a los inversionistas de Kiva para que a través de Ceprodel le otorgue un crédito para repellar dicha vivienda con el que piensa comprar cemento, arena y pago de mano de obra.

Tiene la fé en Dios que estos inversionistas de buen corazón le aprueben su solicitud para llevar a cabo su inversión.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Felipe Arnoldo to buy cement, sand and pay for labor.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 16, 2013
May 3, 2013
Currency Exchange Loss:
Jun 17, 2014