Santos is requesting a loan to invest in buying corrugated metal and wood to change the roof of his house, which is in bad condition.
He's very grateful to Kiva and CEPRODEL because thanks to the loans he has received he has improved his house so his family can be more comfortable.
Padre de familia responsable siempre pendiente por el bienestar de su familia.
Don santo está solicitando un crédito para invertirlo en la compra de zinc y madera para hacerle el cambio del entechado de su casa que está en mal estado.
Agradeciendo mucho a kiva y ceprodel porque gracias a los crédito que se le han otorgado ha mejorado su casa para mayor comodidad para 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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