Enrrique D. S. has worked for nine years as a collector at one of the markets in Managua. He is 44 years old and single. He has four minors under his care. He has lived in the San Judas neighborhood in Managua for 30 years.
He has been an “A” client with Ceprodel for six years. During that time he has repaid eight loans in a timely fashion. He requested this last loan to buy household consumer products and to cover the educational expenses for his little ones. He is pleased with Ceprodel given that each times he requests a loan, Ceprodel does not turn him down.
Don Emilio Enrrique D. S. trabaja como Colector de uno de los mercados de Managua desde hace 9 años.
El es soltero de 44 años de edad, con 4 personas a su cargo y menores de edad, el vive en Managua en el barrio San Judas desde hace 30años.
Es cliente “A” de CEPRODEL desde hace 6 años en los cuales ha pagado 8 créditos en tiempo y forma. Este último crédito lo solicita para Gastos de Consumo, como es cubrir los gastos escolares de sus pequeños. El se encuentra satisfecho con CEPRODEL, puesto que cada vez que él solicita un préstamo, CEPRODEL no se lo niega.
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.