Ermelis lives in a rural zone. She’s the daughter of small farmers and with much effort was able to start her schooling and succeeded in graduating with a Bachelor’s degree in Spanish and today works teaching classes in a school near where she lives; she has 19 years’ experience as an elementary school teacher. She’s single with two children attending elementary school and in secondary school. She cares for the so that they will develop academically. She came by Ceprodel to express her need to make some home improvements and to be graced with a loan that she’ll use to buy cement, rebar, concrete blocks and tile to add a room and to repair the kitchen thus improving her living conditions.
Ermelis habita en una zona rural, hija de padres pequeños productores, la que con mucho esfuerzos emprendió sus estudios, logrando graduarse en la especialidad de licenciatura en Español, la que hoy ejerce impartiendo clases en un colegio del sector donde vive, con 19 años de efectuarlo, como maestra de educación primaria, es soltera con 2 hijos con estudios primarios y secundarios a los que le brinda la atención para lograr el desarrollo académico, esta señora se presento a ceprodel a exponer la necesidad de mejorar su vivienda y ser beneficiada con un financiamiento el que lo utilizaría para la compra de cemento, hierro, zinc, ladrillo bloque y cerámica, para la construcción de cuarto y reparación de cocina, de esa manera mejorar sus condiciones de vida.
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.
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.