Raquel will use the loan to buy construction materials. She hopes that by buying the materials she will be able to build a room of the following measurements: 4 meters wide by 4 meters long.
Raquel is married and has 2 children under her care, both are of school age.
This is her second loan with Ceprodel (Kiva’s field partner), Raquel says that the loans have been very important and they have improved her home.
Raquel va usar el crédito para comprar materiales de construcción. Ella espera que con la compra de los materiales pueda construir un cuarto de las siguientes medida de 4 metros ancho por 4 metros largos.
Raquel es casada y tiene dos hijos a su cargo ambos en edad escolar.
Este es su segundo crédito con Ceprodel Raquel dice que sus créditos han sido de mucha importancia ya que ha mejorado su vivienda.
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