He came to the CEPRODEL office in order to request a loan for building a bedroom. The funds will be used to buy construction materials such as cement, bricks, iron, zinc, and sand, as well as pay for labor and transportation costs.
This improvement will make his home more comfortable, provide better conditions, and raise his standard of living. Concepcion is receiving his second loan since he has already demonstrated that he is a responsible individual with high morals.
Actualmente este señor se presento a la oficina de Ceprodel para solicitar un financiamiento para la construccion de un dormitorio, dicho financiamiento lo utilizara en la compra de materiales de construccion tales como: cemento, ladrillo, hierro, zinc, arena , pago de mano de obra y transporte.
lo que vendria a mejorar su comodidad en su hogar y de esta manera tener mejores condiciones y nivel de vida, con este credito ya el segundo financiamiento que obtendria lo cual ha desmostrado ser un hombre responsable y con mucha moral.
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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This loan has been fully funded!