Mr. Lidio Solis ardously dedicates his time to raising livestock in the municipality of Nagarote where he resides. He is a very hard working gentleman and has a strong desire to get ahead in his business. He is currently looking for a way to improve his financial situation in order to be able to bring a better standard of living for his family. This is the reason for his turning to Ceprodel to get a loan so that he can purchase more calves. He needs to buy them so that he can proceed to raise them and then get the most profit from them. This loan will benefit both him and his family in the area.
El señor Lidio Solis se dedica arduamente a laborar en su actividad ganadera en el municipio de Nagarote de donde es originario. Es un caballero muy trabajador y con muchos deseos de salir adelante en su negocio. Hoy en día ha buscado la manera de mejorar su situación económica para brindar un mejor nivel de vida a su familia y por eso ha acudido a Ceprodel para ser beneficiado con un crédito para la compra de terneros ya que le urge adquirirlos para así proceder a su crianza y luego sacarles el máximo provecho. Con este crédito se beneficia tanto él como su familia 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.