Carlos Antonio lives in a municipality west of the capital. He works in a company as a plumber. He works Monday to Friday and on Saturdays he attends university as his goal is to have a university degree.
Carlos is requesting a loan from Kiva-Ceprodel to pay the monthly school fees and to reserve admission for next year.
El joven Carlos Antonio vive en un municipio que esta al oeste de la capital trabaja en una empresa como fontanero. Trabaja de lunes a viernes y los días sábado asiste a la universidad para prepararse ya que su meta es culminar su carrera universitaria.
Es por esta razón que Carlos está solicitando un crédito a kiva - ceprodel para realizar pagos de mensualidad que tiene pendiente y reservación de cupo para el próximo año.
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.