Señor Juan M. has a juice bar in his house. He will use this loan to improve his business and have more stock, now that his customers demand more products, and in this way provide a better service.
Juan has had the business for nearly 2 years, and has had 2 loans from Ceprodel. He attends to the business with his wife, whom he has been married to for 7 years. During this time they haven't been able to have the baby that they both long for. They say that the loans have benefitted them greatly, as they can now create savings to put towards a treatment to be able to have the baby they so greatly desire.
El señor Juan M. se ha destacado por tener su propia pulpería en su casa de habitacion en Masaya. Actualmente solicita el crédito para la compra de productos para la pulpería con el fin de mejorar el negocio y tenerlo mas surtido ya que sus clientes le demandan más productos y así debe de tener un mejor servicio.
El señor Juan tiene dos años de tener la pulpería y ha salido adelante gracias a él y al apoyo de su esposa la cual tienen de casados siete años y esperan pronto tener un bebé. El crédito le beneficiará mucho porque logrará comprar los productos para la pulpería y así ofertarlo 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.