Señor José de la Concepción M. is a very responsible gentleman who knows what it means to earn his bread every day by his honest labor and to bring home the bacon to his humble abode. He works selling home appliances and toys in the Mayoreo market in the city of Managua. The reason he has approached CEPRODEL is to seek a loan for the purchase of merchandise such as toys and home appliances. And so he confidently hopes that the loan will be approved and he will be able to satisfy his customers.
El señor José de la Concepción M. es un caballero muy responsable que ha sabido ganarse el pan de cada día por medio del digno trabajo y de llevar el sustento a su casa de habitación. Se dedica a la venta de electrodomésticos y de juguetes en el mercado Mayoreo de la ciudad de Managua.
La razón por la que ha acudido a Ceprodel es para solicitar un crédito para la compra de la mercadería como es juguetes y electrodomésticos y por esto espera muy confiadamente en que será beneficiado con el crédito y logrará satisfacer a sus clientes.
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.