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Hernán Ramón
Herman Ramon lives in Managua and has been working for a number of years as a driver for a state agency. He is going through hard times because of his wife’s death.

Herman is asking for a loan so that he can buy building materials such as cinder blocks, sand, cement, and pay for labor so that he can make improvements to his house, in order to provide his children with better living conditions who now only have him to support them.

He is very grateful and thankful for the loans though Kiva and CEPRODEL because he has been improving his family’s living conditions.
View original language description ↓
El señor Herman Ramón vive en la cuidad de Managua trabaja como conductor en una institución del estado con mucho años de estabilidad. En estos momentos está atravesando momentos difíciles por el fallecimiento de su esposa.

Don Herman está solicitando un crédito para invertirlo en la compra de materiales de construcción como bloque arena cemento y pago de mano de obra para mejorar su vivienda para darles mejores condiciones de vida a sus hijos que ahora solo cuenta con el apoyo de él.

A la vez se siente bien agradecido ya que gracias a los créditos obtenidos por kiva ceprodel ha venido mejorando sus condiciones de vida para su familia .

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
  • 85
    View loans »
    Nicaragua Loans Fundraising
  • $25,792,450
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Hernán Ramón to buy building materials.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Apr 27, 2013
May 10, 2013
Currency Exchange Loss:
Jul 18, 2014