He is married, 49 years old, and he has three individuals in his care, two of whom are minors. He has lived in the city of Managua, in the Halea district, for the past 12 years.
He is thankful to Ceprodel (Kiva Field Partner) for providing him the opportunity to carry out some home improvements with this loan. This is his first loan with Ceprodel.
Es casado, de 49 años de edad, con tres personas a su cargo, dos de ellas son menores de edad. Vive en la ciudad de Managua en el barrio Halea, desde hace 12 años.
El está agradecido con CEPRODEL por brindarle la oportunidad de mejorar su casa con este préstamo. Este es el primer crédito con CEPRODEL.
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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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