Maria is an enterprising woman who also has a degree in mathematics. She earns a living by practicing this profession, teaching high school classes in an institute in the neighborhood where she lives. In addition, she has a business selling fried foods from her house on the weekends, because she seeks additional income so that she can have a more comfortable standard of living. She is single, and has 2 children whom she is supporting in their education.
At this time, she needs to make some improvements to her porch, kitchen, and tile floor, which are in poor condition. For this reason, she visited CEPRODEL to request a loan that she will use to pay for cement, tile, steel, cement blocks, and labor. This way she can carry out this work that she wants done so much.
María es una mujer emprendedora, además de ser Licenciada en Matemáticas, Profesión que utiliza como medio de vida, ya que imparte clases de educación secundarias en un instituto del sector donde vive, también ejerce la actividad comercial como es la venta de fritanga los fines de semana en su casa, en busca de otros ingresos y poder tener un nivel de vida más cómodo, es soltera con 2 hijos a los que le está dando apoyo para su desarrollo académico, actualmente esta presentando una necesidad de mejorar el porche, cocina y embaldosar piso, los que están en mal estado, por esa razón visito ceprodel para solicitar un crédito y comprar cemento, cerámica, hierro, bloque y mano de obra. Y realizar la obra que tanto anela.
This 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.