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Alex Alfonso
San Sebastian de Yali is a town located in the northern part of the Jinotega department, which is known for its forests and many species of orchids. Its land is good for farming, ranching, and good commerce. Alex lives here with his wife and three children, whom he has to support and send to school.

He has worked for the aqueduct company Enacal as a cashier for 19 years. He is known as an honest and hard-working person.

He recently visited the Cedprodel office and is requesting a loan to improve his home because it is in poor condition. He needs to buy iron, mooring wire, cement, sand, and pay for labor costs.

He says that he knows the importance of providing his family with a better roof because they will have a healthier environment. This will make his family more comfortable every day.
View original language description ↓
San Sebastián de yali un municipio que está ubicado en la parte norte del departamento de Jinotega, identificado por su área boscosa y muchas especies de orquídeas, con un terreno apto para la agricultura, ganadería y un buen comercio, vive Alex con su esposa y tres hijos al que tiene el deber de mantener y darles sus estudios.

Trabaja para la empresa de acueductos Enacal como cajero desde hace 19 años, es conocido como una persona honrada y trabajadora.

Recientemente visito las oficinas de Ceprodel y está solicitando un crédito para mejorar su vivienda ya que no está en buenas condiciones y necesita comprar hiero, alambre de amarre, cemento, arena y pagar la mano de obra utilizada.

El plantea que conoce la importancia de darle un mejor techo a su familia ya que tendrá condiciones de ambiente más saludable lo que les permitirá estar en un mejor confort familiar cada día.

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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $25,787,975
    Funds lent in using Kiva
  • 25.6
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,000 helped Alex Alfonso to improve his home by buying iron, mooring wire, cement, sand, and labor costs.
Repayment Term
22 months (Additional Information)
Repayment Schedule
Sep 23, 2013
Oct 11, 2013
Currency Exchange Loss:
Nov 10, 2013