Reyna Del Socorro
With the loan she is requesting she will invest in materials to replace the roof of her house and to pay for construction workers. She would like to provide a better quality of life for her daughter.
Reyna said that, thanks to the loans that she has been given through CEPRODEL, she has been able to improve her home.
El crédito solicitado es para invertir en la compra de materiales para la remodelación del techo de la vivienda y el pago de la mano obra, para darle una mejor condición de vida a su hija.
Reyna dijo que gracias a los préstamos obtenidos por ceprodel ha logrado mejorar su casa de habitación
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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