Francisco René G. H. is married, works as an industrial mechanic for the CEMEX company in Nicaragua, and has been doing so for 20 years. He has had three previous loans through CEPRODEL and has used each one to buy construction materials with which to make improvements to his home. He is requesting this loan for personal medical expenses. The CEPRODEL loans have benefited him greatly because they have allowed him to improve his family’s living conditions.
El Sr. Francisco René G. H. él es trabajador activo de la empresa CEMEX de Nicaragua desempeñándose como Mecánico industrial tiene veinte años de trabajar para esta institución es casado actualmente. Ha tenido tres créditos con CEPRODEL y cada uno lo ha realizado para la compra de materiales de construcción para mejorar su casa de habitación y este lo está solicitando para gastos personales y médicos, los cuales los créditos con ceprodel le han beneficiado en gran manera ya que de esa manera él ha mejorado su condición de vida de él y 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.