He has received five previous loans which were used for making improvements to his home. This latest loan will be used for medical and other related expenses. Ulises says the loans have been very helpful because they have allowed him to provide his family with a better standard of living.
Don Ulises es trabajador de la Alcaldía Municipal de Chichigalpa desde hace 13 años desempeñándose como conductor de una unidad recolectora de basura.
A él se le han otorgado 5 créditos los cuales han sido para mejoramiento de vivienda y este ultimo que es para gastos médicos y otros gastos.
Él nos expresa que han sido de mucha ayuda, ya que le han permitido dar un mejor nivel de vida a su familia
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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Success!! The loan was 100% repaid