The loan will be used to purchase construction materials to be able to improve the condition of his home and offer his wife and child a decent roof over the house that they inhabit which is located in the municipality of Telica of León.
El caballero Javier Alexander es casado y con un hijo al que debe brindarles las condiciones necesarias para su desarrollo. Trabaja arduamente para mejorar las condiciones de su vivienda que ha sido dañada a través de los años y es por este motivo que ha solicitado un crédito en Ceprodel.
El crédito lo utilizará para la compra de los materiales de construcción para así mejorar las condiciones de su hogar y brindarle a su esposa y su hijo un techo digno donde habitar en el municipio de Telica de León.
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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