Thanks to these loans, she has slowly improved her housing conditions by repairing things in her house such as ceramics and plaster walls. Today she is asking for a loan in order to finish building a room so that her children can have more space. With the loan Félix Amanda will buy building supplies including zinc, cement, purlins, and manual labour.
Félix Amanda feels grateful and pleased by the support provided by Kiva and Ceprodel to finance her. These loans help her to fulfill her dreams and goals that could not be accomplished otherwise with the low wages in her country.
Gracias a estos créditos ha ido mejorando su vivienda en cuanto a las condiciones, poquito a poco va reparando algo de su casa como cerámica, repello de paredes y hoy está solicitando para terminar de construir una habitación para que sus hijos tengan más espacio, con el cual comprará zinc, cemento, perlines y pago de mano de obra.
Se siente muy agradecida y satisfecha por el apoyo que le ha brindado KIVA y Ceprodel al financiarle con estos créditos que ayudan a cumplir sueños y metas que no se pudieran llevar a cabo con los bajos salarios que se gana en nuestro país.
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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Success!! The loan was 100% repaid