She is currently requesting a loan to make improvements to her home. She wants to repair the roof and change the separation of the rooms and the kitchen. In order to do this, she needs to purchase tiles, cement, beams and pay for the labor. This provides a better quality of life for her children.
In the picture Xiomara is surrounded by her students of ages 12 to 14. They are doing a group assignment.
Actualmente solicita un crédito para mejora de su casa de habitación con reparación del techo de la cocina con la compra de zinc, perlines, clavos y pago de mano de obra, para darles una mejor condición de vida a sus hijos.
En la foto Xiomara está rodeada de sus alumnos entre las edades de 12 – 14 años realizando un trabajo en grupo.
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