The loan she’s requesting will be used to buy metal sheeting, sand and cement to do some improvements in her house which has been affected due to many causes, principally the rains. Because of this she opted for this loan knowing that it will be of much use to her to develop her home.
El crédito que solicita será invertido en la compra de zinc, arena y cemento para mejorar su vivienda porque ha sido afectada por muchas razones principalmente por las lluvias. Es por esta razón que decidió optar por este crédito sabiendo que le será de muchísima utilidad para el desarrollo de su vivienda.
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.
110View loans »