He is requesting a loan to invest in buying three cows for breeding purposes as well as for milking and eventual sale. In this way he will receive the income he needs to continue improving the living conditions of his family in the town of Somotillo.
Está solicitando un crédito para invertirlo en la compra de tres vacas para proceder a su crianza y también para extraerle la leche y comercializarla y de esta manera obtener los ingresos para continuar mejorando las condiciones de vida de su familia en el municipio de Somotillo.
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.
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