This client works in Chinandega and has had his business for nine years. He is single and has a school-aged daughter who is dependent on him. She is currently in her second year of primary school. This young man started in this line of work as a helper, and with the experience he acquired, with time and with his entrepreneurial spirit, he decided to open his own business. He will use the loan to purchase raw materials to strengthen his business.
Este cliente trabaja en Chinandega en este negocio desde hace 9 años, es soltero, tiene una hija que depende de él, quien está en edad escolar, actualmente su hija cursa el segundo grado de primaria, este joven se inicio en este negocio como ayudante, con la experiencia adquirida, con el tiempo y con un espiritu emprendedor decidio establecer su propio negocio, el prestamo lo utilizara en la compra de Materia Prima para fortalecer su negocio.
This 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.