Upon acquiring the panel, he needs to remit payment for it and therefore he has sought the support of Ceprodel to provide a loan for payment of the panel and thus begin to use it successfully.
El señor Nicacio M. se dedica a laborar fuertemente en el municipio de Telica de la ciudad de León con el propósito de mejorar las condiciones de vivienda que posee debido a que en la comunidad donde vive no se cuenta con energía eléctrica y para esto ha solicitado un crédito en Ceprodel para la compra de panel solar para su casa.
Al haber adquirido el panel requiere proceder al pago de este y es por esto que ha buscado el apoyo en Ceprodel para que se le brinde un crédito para el pago del panel y de esta manera comenzar a utilizarlo satisfactoriamente.
About CEPRODELThis 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.
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