Fernando visited the offices of CEPRODEL so that he could request a loan for building two rooms in his home for his children. He does not have sufficient to complete this improvement, so he has come to CEPRODEL to seek financing with this loan. All of his efforts go toward providing better living conditions at home for his wife and children. Fernando is grateful to CEPRODEL for this opportunity that has been given to him.
el visita las oficinas de ceprodel para solicitar un prestamo para construir dos cuarto de habitacion para sus hijos, ya que el no cuenta con sufucientes ingresos para realizar la mejora por tal razon a cude a ceprodel para que le financie un prestamo, todo esto es con la finalidad de brindarles mejores condiciones de vivienda a su esposa e hijos.
agradece aceprodel por la oportunidad que le fue brindada.
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