In the municipality of Telicia of the city of León, Máximo A. dedicates himself to his business in the sale of handicrafts, particularly clay piggy banks which he sells at his sales stand which he owns after much effort.
The reason for which Máximo is looking for the support from Ceprodel is to obtain a loan to purchase merchandise given that his stock is running out and he needs to acquire more immediately to be able to continue running his business in his locale.
En el municipio de Telica de la ciudad de León el señor Máximo A. se dedica a su negocio de venta de artesanías como lo son alcancías elaboradas con barro las cuales son comercializadas en su puesto de venta que con mucho esfuerzo posee.
El motivo por el cual ha buscado el apoyo en Ceprodel es para obtener un crédito para la compra de las mercancías puesto que se le están agotando y requiere adquirirlas de inmediato para así continuar con su negocio en su localidad.
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.