Orlando is requesting a loan from the Kiva and Ceprodel financing sources because he wants to put a wall at the rear part of his home; he considers this necessary for the expansion of his home, which would give a greater level of comfort to his family.
With the loan, he is going to buy blocks, cement, sand, and iron bars. He feels very thankful; thanks to the loans that have been granted to him, he has improved the living conditions for his children and wife.
don Orlando le esta solicitando ala fuentes de financiamiento kiva y ceprodel un crédito ya que quiere hacer un muro en la parte trasera de su vivienda ya que lo considera necesario para la ampliación de su vivienda para darle mayor comodidad a su familia.
con el préstamo va a comprar bloque,cemento,arena,hierro, se siente muy agradecido por que gracias a los créditos que se le han otorgado ha mejorado sus condiciones de vida para sus hijos y su esposa
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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