The loan he is requesting will be used to buy cedar wood, sealant, avocado wood, sandpaper, adhesive, and gallons of paint. He came to CEPRODEL in order to request a new loan so that he could restock his business with basic supplies.
El préstamo que solicita es para la compra madera de cedro, sener, sellador, tablas de aguacates, lijas, pega y galones de tintes. Y se presenta a Ceprodel para solicitar un nuevo préstamo y abastecer su negocio de materia prima-
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.
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Success!! The loan was 100% repaid