Venacio Uriel is teacher at a public school in the city of León where he has worked for 20 years to maintain his family.
The school Venancio works for is considerably far from his house so he feels the need to buy some mode of transport to get him to worker quicker. He has requested a loan from Ceprodel and Kiva to buy a motorcycle.
El Señor Venacio Uriel es profesor docente de uno de los colegios públicos de la ciudad de león desde hace mas de 20 años siendo este trabajo el sustento de su familia.
El Señor Venancio labora para un colegio que queda a larga distancia de su casa de habitación por lo que sintió la necesidad de comprar un medio de transporte para agilizar en el traslado a su centro de trabajo por lo que se acercó a ceprodel y Kiva a solicitar apoyo para la compra de una motocicleta.
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.