Ms. Zaida E. owns a shoemaking shop and she is specialized in military and cowboy boots. She has been engaging in this activity for 33 years, and the workshop is located in her house. At the same time, and to earn some more money, she succeeded in being employed as teacher in a school called Mundo Infantil (Children’s World), where she teaches small children. She has asked CEPRODEL for a loan that she will use to buy core materials she needs to make shoes such as leather, soles and insoles, in order to live a stable life with her family.
La señora Zaida E. tiene un taller de zapatería en donde su especialidad es la bota militar y vaqueras, en esta rama ya tiene 33 años de experiencia, este taller lo tiene ubicado en su casa de habitación, al mismo tiempo la señora para tener un poco más de ingreso logro entrar a trabajar como maestra en un colegio que se llama Mundo Infantil en donde le dan clases a niños, ella visita a CEPRODEL con el fin de solicitar un crédito para la compra de materia prima para la elaboración del calzado como cuero, suela y plantina y poder estar estable con su familia.
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.