He asks CEPRODEL for a loan and to be able to buy construction materials like cinder blocks, sand, and cement in order to build his home out of concrete and give his family better living conditions.
He thanks CEPRODEL for the opportunity and the trust given to him with the loan they are granting him, because through these loans he has been able to improve his home little by little.
Don Francisco Eduardo labora como ayudante de fontanería, en una empresa del estado desde hace cinco años.
Solicita a CEPRODEL un crédito y poder comprar materiales de construcción tales como bloque, arena, cemento para construir su vivienda de concreto y darle a su familia mejor condición de vida.
Agradece a CEPRODEL por la oportunidad y la confianza que le den con este financiamiento otorgándole, porque atreves con estos créditos ha podido mejorar poco a poco su casita.
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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