Veronica realized that she needed to make improvements to her home by building a bathroom and plastering the walls, so she decided to approach CEPRODEL so she could buy building materials like cement, iron bars, bricks, and pay for labor to start the work and improve the comforts of her home. It’s worth mentioning that this work will improve her family’s living conditions.
La señora Verónica se ha dado cuenta que debe mejorar su vivienda construyendo una letrina y repello de paredes , es por eso que tomó la decisión de iniciar la obra de mejora, por tal razón acudió a Ceprodel para solicitar un crédito para la compra de materiales de construcción como cemento, hierro, ladrillos y pago de mano de obra para iniciar la mejora de la vivienda en la construccion de letrina y repello de paredes, para mayor comodidad de la vivienda. Cabe señalar que por medio de esta obra brindará mejores condiciones a su familia.
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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