Mr. Gerardo V. has his own business selling costume jewelry and fruit in the city of León, Nicaragua. Like any responsible father, he looks for any way to get money to support his family, which includes his wife and son. The reason he has come today to Ceprodel is for a loan to buy fruit and costume jewelry to be able to further develop his business.
El señor Gerardo V. posee su propio negocio de venta de bisuterías y frutas en la ciudad de León de Nicaragua. Como todo padre responsable, busca la forma de cómo obtener el dinero para brindar el mantenimiento a su familia compuesto por su esposa y su hijo.
La razón por la cual hoy en día él ha acudido a Ceprodel es para obtener un crédito para la compra de las frutas y bisuterías y así continuar en su negocio que tanto requiere desarrollo.
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.