Sr. Oscar G. A. is a merchant who has a line of new clothing that he sells to customers who live along the Vieja León Highway. The loan he is requesting will be used as operating capital to buy trousers, blouses, shirts, and undergarments. He is an excellent client and his loans have helped him stay in business and make improvements to his home. Oscar is married and the father of two school-age children.
El Sr. Oscar G. A. es comerciante tiene una línea de ropa nueva su clientela es de carretera vieja León, el dinero los solicita para capital de trabajo compra de pantalones, blusas, camisas y ropa interior excelente cliente. Y si los créditos le han ayudado mucho ya que ha podido conservar su negocio y hacer algunas mejora en su casa. Es casado es padre de 2 niños en edad escolar.
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.