Mario is married and has one son who is still in his care. This is the first loan that Mario has taken out with CEPRODEL and he says that the loan will help his family a lot because previously in his house there was concrete in place of the floor.
Por que ahora no tiene piso y asi los niños no podran ensuciarse mas.
El sr. Mario es casado y tiene 1 hijo a su cargo y este todavia esta a su cargo.
Este el primer credito que el sr. Mario a tenido con CEPRODEL.
Mario dijo que este préstamo fue de mucha ayuda para su familia por lo que antes su casa de habitación era de concreto la parte del piso.
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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