Oscar is 27 years old, married and has three children who are still school aged and dependent on him. He is calling on Ceprodel once again to request a new personal expenses loan because he needs to do some repairs on his pick-up truck since this is his mode of transportation for work.
Don Oscar es una persona de veintisiete años de edad es casado y con tres hijos los cuales se encuentran en edad escolar y todavía dependen de el.
El acude nuevamente a las oficinas de ceprodel para solicitar un nuevo préstamo para gastos personales ya que necesita hacerle unos cambio a su camioneta ya que este es su medio de movilización para trabajar.
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.