Carlos is asking Kiva and Ceprodel for a loan to finish building his house since he still needs to erect a wall in the front of the house to provide better security for his family. He is very grateful for the financing because thanks to it he’ll be able to finish his house.
don Carlos esta solicitando a kiva y ceprodel un crédito para terminar de construir su casa ya que le falta la construcción de una pared en la parte de adelante de su vivienda para darle mayor seguridad a su familia
agradeciendo mucho por el financiamiento por que gracias a eso va poder concluir su vivienda
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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