He is asking for a loan in order to buy construction materials such as cinder blocks, sand, and cement, in order to make an expansion on his home so that it has a general store, and he wants to adjust it in order to provide better comfort for his family.
"This second loan opportunity will greatly help me with the development and future of my family."
Esta solicitando un crédito para comprar materiales de construcción tales como bloque, arena, cemento, para realizar una ampliación en su vivienda ya que tiene una pulpería y quiere a condicionarla, para darle mejor comodidad a su familia.
"Con este segundo financiamiento me ayudaría mucho para el desarrollo y el futuro de mi familia, con esta segunda oportunidad que me darían".
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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