She is requesting this loan to improve her home by purchasing materials such as zinc sheeting and cement. She feels very good about working with Ceprodel since the loans have helped her be able to finish her home.
She says, "Thank you Ceprodel, thank you Kiva. With the small salary I earned, I have made my dreams a reality."
Soltera madre de cuatro hijos ya todos casados.
El dinero lo solicita para mejora de vivienda para la compra de materiales como zinc y cemento. Se siente muy bien trabajar con ceprodel ya que estos créditos le han ayudado a poder terminar de hacer su casa.
"Gracias ceprodel, gracias kiva, con poco salario que ganó eh llegado a hacer realidad mis sueños"
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