Cándida Rosa S. is from the city of Santa Rosa del Peñón. She works as a secretary at the Ministry of Education, where she has worked for 17 years. This is her first loan with Ceprodel. With this loan, she wants to improve her home and she will buy bricks and zinc sheeting.
La Sra. Cándida Rosa S. es originaria del municipio de Santa Rosa del Peñón, se desempeña como secretaria en el Ministerio de Educación donde tiene 17 años de laborar. Es el primer crédito que solicita en Ceprodel con el objetivo de mejorar su vvienda con el que compraría ladrillos y zinc.
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.