Miguel is originally from Telica, but for the past sixteen years he has been living in a region across from the Telica Slab Bridge that is located one kilometer to the southwest. He is an enterprising individual who began obtaining credit in order to buy audio equipment for his business. Now he provides audio recording services to everyone who requests them. In addition, Miguel has worked as a mason but now he is a carpenter who builds beds, furniture, and other items. He has received fourteen loans and is pleased because they have helped improve the standard of living for himself and his wife, who works as a seamstress. She provides unconditional support and helps him at social events at the Catholic Church, such as vigils and concerts, where he provides audio recording services. Miguel and his wife have one child.
Este cliente es originario de telica, pero tiene 16 año de vivir en la comarca paso de laja la que queda ubicada del puente de telica1 kilometro al suroeste , es una persona emprendedora ya que el inicio a tener crédito para formar un audio comprando algunos instrumentos en la empresa hoy ya tiene conformado todo un audio vendiendo servicio a todas las persona que se lo demanden además es albañil, y hoy es carpintero contruyendo camas muebles etc. y en la empresa ha tenido14 créditos los que él se siente satisfecho porque esto le ha ayudado a mejorar su nivel de vida y su esposa es costurera y ella lo apoya de forma incondicional ya que ella le ayuda en los eventos sociales cuando vende el servicio de audio en las iglesia católica o en vigilias cantando los cantos católicos, en cuanto a su familia tiene un hijo de crianza.
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.
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.