Mrs. Yameliz R. Z. applied for credit to buy and sell construction materials in Managua at the factories that make cinder blocks, bricks, latrines, wash houses and other products that the construction companies offer. She was a housewife before and did not contribute generating other sources of income for the family. This is her eighth credit with Ceprodel. She has 3 school-aged children. She is applying for this loan to generate more income for her nuclear family.
La Sra. Yameliz R. Z. solicito crédito para comprar y vender materiales de construcción en Managua a las fábricas de bloques, ladrillos, letrinas lavanderos y otros productos que ofrecen las empresas de construcción. Anteriormente era ama de casa y no contribuía a generar otras fuentes de ingreso en la familia, es el octavo crédito con Ceprodel, ella tiene 3 hijos en edades escolares y solicita este préstamo para generar más ingresos al núcleo familiar
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.