Jose will use the loan to buy a motorcycle and hopes that with it he will be able to travel to and from work.
Jose is married and has 2 children under his care. This is his second loan with Ceprodel (Kiva’s field partner) he has worked for two years with the institution.
Jose says that his loans with Ceprodel have been very important since he paid his debt and has bought some things for his home.
Jose va usar este crédito para la compra de una motocicleta quiere que con su moto pueda transportarse al trabajo.
Jose es casado y tiene dos hijos a su cargo. Este es el segundo crédito con Ceprodel ha trabajado por dos años con Ceprodel.
Jose dijo que sus créditos con Ceprodel le han sido de mucha importancia ya que ha pagado deuda y ha comprado algunas cosas para el hogar.
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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