At the present time, he is approaching Ceprodel to apply for a loan in order to improve the condition of his house. To build a bathroom for the house, he will buy construction materials, such as concrete blocks, cement, and iron, and will hire labor. In this way he will provide better living conditions for his family.
This is the first loan that Ceprodel is providing him, so that he can give his family with a better standard of living.
Actualmente ha acudido a ceprodel con el fin de solicitar un crédito para mejorar la condición de su vivienda en la compra de materiales de construcción tales como bloque, cemento, hierro y pago de mano de obra, para construir baño en su vivienda, así brindarle una condición mejor a su familia, este es el primer crédito que le brinda ceprodel para dale un mejor nivel de vida a su familia.
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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