Jesús Narciso lives in the city of Managua. Jesús came to the office to apply for a loan. He needs the loan to pay for medical expenses for his wife. The money which Ceprodel loaned to him will be used for his wife's operation. Jesús Narciso is grateful to Ceprodel because thanks to this financing, his wife will be able to have this operation, which she needs very much.
El señor Jesús Narciso vive en la cuida de Managua. Don Jesús se presentó a las oficinas de Ceprodel para hacer la solicitud de un crédito. Él necesita el crédito para gastos médicos de su esposa ya que será intervenida quirurgicamente y por ello debe cubrir dichos gastos. El señor Jesús Narciso agradece a ceprodel porque gracias al financiamiento su esposa puede realizarse esa operación que tanto necesita.
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.