Dalia Susana S. S. works as a secretary in the mayor's office in Managua, Nicaragua. This is the first loan she is seeking through Kiva partner CEPRODEL. She will use it to pay for educational materials for her children, who are students, and to reduce the credit card debt that is weighing her down. The credit card debt is much more costly than a microfinance loan, which could get her out of trouble and make her feel more well-off.
La señora DALIA SUSANA S. S. labora para la Alcaldia de Managua como secretaria es el primer crédito que solicita en CEPRODEL lo utilizara para compra de utiles escolares matriculas de sus hijos que están estudiando y pagar una deuda que actualmente la esta agobiando y es tarjeta de crédito ya que estas son mucho mas caras que un crédito de microfinanzas , esto me sacara problemas y me sentiré un poco desahogada ya que eso me esta aficciando.
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.