In the city of Managua, Ruth R. works hard to bring money home. She is known for being an assiduous person with big wishes to improve. Currently she requests a loan to invest it directly in the purchase of medicine for her mother, because she is sick and needs her support to provide medicine. It’s because of this that she waits while her loan is successfully approved.
En la ciudad de Managua, la señora Ruth R. se esfuerza grandemente para llevar el sustento de su hogar. Se ha destacado por ser una persona muy trabajadora y con muchos deseos de superación. Actualmente ella solicita un crédito para invertirlo directamente en la compra de medicamentos para su mamá debido a que está enferma y requiere de su apoyo para proporcionarle dichos medicamento. Es por este motivo que ella espera confiadamente en que su crédito le será otorgado satisfactoriamente.
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.