Luis has already had 16 loans with CEPRODEL, all of which have been repaid on time and according to form. He is a very responsible person who struggles to get ahead through his own efforts.
El señor lleva ya 16 créditos con CEPRODEL, los cuales los ha pagado en tiempo y forma, es una persona muy responsable y luchadora para salir adelante por cuenta propia.
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