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Luis Alberto
José Alberto lives in the city of Managua. He has worked as a security guard at the University of Managua for the past 5 years. Jose Alberto is requesting this loan from Kiva and CEPRODEL to invest in the purchase of construction materials like cement and sand. He wants to plaster the walls in the interior part of his home. The walls have gotten moisture in them from the rains and this harms his family as the humidity in the walls can cause sicknesses.
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José Alberto vive en la cuidad de Managua trabaja desde hace 5 años como guarda de seguridad en una universidad de Managua.
José le solicita un crédito a kiva y ceprodel para invertirlo en la compra de materiales de construcción como cemento, arena para hacerle el repello en la parte interior de su vivienda ya que con las lluvias se le humedecen las paredes y esto le está perjudica a su familia por que la humedad en las paredes le atrae enfermedades.

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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 25.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Luis Alberto to buy construction material.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Sep 21, 2013
Oct 14, 2013
Currency Exchange Loss:
Sep 18, 2014