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Fredis Alberto
Fredis is originally from the beautiful city of Estelí, which is popularly known as the Diamond of Segovia. He is known for being a person of good moral values. Fredis is married and has two children who are of school age. This is the second loan he has received from CEPRODEL and he says that his first loan had a great impact on improving his home.

Fredis works as a plumber for a water and sewage service company. He says that he has been in this job for seven years and learned the trade more than 12 years ago. Fredis gained a great deal of experience when he started out as an assistant. Now he teaches his other co-workers.

The amount he requested will be used to buy construction materials such as sand, iron, cement, and bricks for building a room in his house. His children are growing and will need to have their own rooms. Fredis is grateful to Kiva for this support because it will provide better living conditions for his family.

View original language description ↓
Fredis es originario de la linda ciudad de Estelí conocida popularmente como el diamante de las Segovia. Fredis se caracteriza por ser una persona de buenos valores morales, su estado civil es casado y tiene dos hijos en edad escolar. Ya es su segundo crédito que trabaja con ceprodel y manifiesta que con el primero fue de gran impacto ya que ha realizado mejora en su vivienda.

Su oficio es fontanero de una empresa de servicio de acueducto y alcantarillado desde hace siete años afirma que este oficio lo aprendió desde hace más de doce años y que ha sido de gran experiencia por que el comenzó como ayudante y ahora le ha enseñado a otros compañeros.

Con el monto otorgado lo va destinar para compra de materiales de construcción: arena , hierro, cemento y ladrillo ya que va construir una habitación en su casa ya que sus hijos van en crecimiento y van a necesitar tener su propia habitaciones. A la misma vez agradece a kiva por este apoyo por que así podrá dar mejor condición de vida a 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
  • 53
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 25.3
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $800 helped Fredis Alberto to buy sand, iron, cement, and bricks for building a room in his house.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 31, 2013
Aug 9, 2013
Currency Exchange Loss:
Sep 8, 2013