He is asking for money to buy construction materials to make a room for his son. Marcos feels great working with CEPRODEL and Kiva, as he has made very good use of all of the loans. He has seen his growth as a person and the growth of his family towards having a better quality of life.
Es casado su esposa es ama de casada, tienen tres hijos, tiene casa propia.
El dinero lo solicita para la compra de materiales de construcción para hacerle una habitación a su hijo.
El sr. Marcos se siente muy bien trabajar con ceprodel y kiva, ya que todos los crédito los ha aprovechado muy bien ha visto su crecimiento como persona como familia a tener una mejor calidad de vida.
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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Success!! The loan was 100% repaid