Sergio is requesting a loan from Kiva and Ceprodel to invest in buying metal sheets and beams so that he can fix the roof of his house which is in a bad state of repair.
Sergio is grateful to Ceprodel because, through these loans, he has been able to continually improve his family's quality of life.
Don Sergio está solicitando un crédito a kiva y ceprodel para invertirlo en la compra de zinc y perlines para la reparación del techo de su casa que está en mal estado.
Agradece a ceprodel ya que por medio de estos préstamos ha podido ir mejorando la calidad de vida de su familia.
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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