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Maria Alejandra
María has worked for a public school as a teacher for more than 10 years teaching classes to 8- to 10-year-old children. She feels grateful to Ceprodel now since they provided her a loan in order to be able to buy construction materials for the repair of her house in what is the area of the kitchen with the purchase of corrugated metal roofing, wood, nails and other things.
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La señora María trabaja para una escuela publico como maestra desde hace mas 10 años impartiendo clase a niños de 8 a 10 años, actualmente se siente agradecida por ceprodel ya que le facilito un crédito para poder comprar materiales de construcción para la reparación de su casa de habitación en lo que es el área de la cocina con la compra de zin, madera, clavos y otros

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
  • 54
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Maria Alejandra to purchase construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 17, 2013
Jun 12, 2013
Currency Exchange Loss:
Jul 18, 2014