Ariel is 48 years old and has one person dependent on him who is under 15. He has lived in the city of Managua, in Tipitapa municipality, for 30 years.
This is Ariel's first loan with Ceprodel and he requested it so that he could make repairs to his home and pay for laborers to carry out the work. He is grateful to Ceprodel for providing him with this loan and the opportunity to improve his home.
Es casado de 48 años de edad, tiene una persona que depende de el, es menor de 15 años, Vive en la ciudad de Managua, en el Municipio de tipitapa, desde hace 30 años.
Este es el primer crédito en CEPRODEL, el cual lo solicitó para Reparar su Vivienda, así como pago de mano obra, agradece a CEPRODEL por darle con este préstamo la oportunidad de Mejorar su casa.
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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid