Mr. Fernando Enrique M. is an active employee of the Barceló Monte Limar Hotel, where he has worked as a cabinetmaker for five years. He is currently married and has one school-aged child.
He has taken out two previous loans through CEPRODEL, both of which he used to buy construction materials for expanding and improving his house, such as sand, cement, stone, gravel, etc. He is requesting this loan to cover some personal household expenses. The previous CEPRODEL loans helped him a great deal by improving his and his family's quality of life.
El Sr. Fernando Enrique M. él es trabajador activo de la empresa “Hotel Barceló Monte limar” desempeñándose como Ebanista tiene cinco años de trabajar para esta institución, es casado actualmente tiene un hijo en edad escolar. Ha tenido dos créditos con CEPRODEL y cada uno lo ha realizado para la compra de materiales de construcción como, Arena, Cemento, piedra, piedrín etc. Para ampliar y mejorar su casa de habitación y este lo esta solicitando para sufragar unos gastos personales de su hogar, los cuales los créditos con ceprodel le ha beneficiado en gran manera ya que de esta manera el 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.