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Ricardo José
Ricardo José lives in the city of Managua, Nicaragua. He is a responsible person who fights for the well being and future of his family. He is married and has three dependents. He has worked at a state university for three years as a security guard.

He is asking for a loan from CEPRODEL to be able to build an annex on a room to expand the living room of his house. He will use this loan to buy blocks and cement and to pay for labor costs.

With this loan, he will invest in doing home improvements. He is grateful to Kiva through Ceprodel for the support they can offer him, because this is the only way he has been able to remodel his home.
View original language description ↓
El señor Ricardo José vive en la ciudad de Managua Nicaragua, es una persona responsable que lucha por el bienestar y el futuro de su familia, es casado, tiene tres persona a su cargo y labora en una universidad del estado desde hace tres años desempeñándose como agente de seguridad.

Esta solicitando crédito a CEPRODEL para poder hacer un anexo de un cuarto para ampliar la sala de su casa y este crédito lo utilizara en compra de bloque, cemento, y pago de mano de obra.

Con este financiamiento lo invertirá en mejorar su vivienda y agradece a kiva a través de Ceprodel por el apoyo que le puedan brindar, porque solo así a podido ir acondicionando su vivienda.

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
  • 46
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Ricardo José to buy construction materials.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Apr 19, 2013
May 10, 2013
Currency Exchange Loss:
Oct 26, 2014