Carlota De Los Ángeles
That is the reason she is now asking for a loan to buy construction materials and paint to repair and paint her house. Her house has been in bad shape for a long time. She has started to make improvements, and she is repairing the walls and doors. Buying the construction materials with the loan will allow her to rebuild the walls and to paint them. This will give her children better living conditions.
Al comprar los materiales de construcción con el crédito, le permitirá reconstruir sus paredes y también pintarlas para darle a sus hijos mejores condiciones de vida y que estos se puedan desarrollar.
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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