Like any responsible father, Melvin strives every day to maintain his household and support his two small children who are dependent on him. This loan will be used to purchase ingredients so that he can continue making the high quality bread that brings great pleasure to his customers.
Como todo padre responsable, se esfuerza diariamente para llevar el sustento a su hogar y mantener a sus dos pequeños hijos que dependen de él.
El crédito lo solicita para invertirlo en la compra de la materia prima para elaborar el pan y así continuar produciendo un pan de alta calidad que sea de mucho agrado para sus clientes.
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.
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Success!! The loan was 100% repaid