Señor Pedro José is a civil engineer by profession. He is single, and currently runs his own printing and ink business. He is based in Masaya and has been in business for 4 years. Señor Pedro José approached [the field partner] Ceprodel seeking a loan that he will use to buy a photocopier, which is necessary so that he can meet his customers' demands. It will mean he can increase his income, and he says that it will mean he can improve his standard of living.
El señor Pedro José de profesión ingeniero civil, es soltero y actualmente posee su propio negocio de imprenta y fabricación de tinta el cual está situada en Masaya desde hace 4 años.
El señor Pedro José se acercó a la oficina de Ceprodel para solicitar un préstamo en el que lo utilizará para la compra de una fotocopiadora, que la esta necesitando para cubrir la demanda de los clientes. Y poder incrementar más sus ingresos. Considera que también le ayudará a tener una mejor calidad de vida.
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.