Sergio came to the offices of CEPRODEL to request a new loan for improving his home. He will invest in purchasing construction materials such as cement, sand, and blocks to finish constructing his house of residence.
Sergio says that thanks to the financing received from CEPRODEL he has been able to improve his house.
SERGIO ENRIQUE A. G., ES DE MANAGUA, TRABAJACOMO AGENTE DE SEGURIDAD, ES PADRE DE FAMILIA DE CUATRO HIJOS Y TRES DE ELLOS ESTAN EN EL COLEGIO.
DON SERGIO ACUDE A LAS OFICINAS DE CEPRODEL PARA SOLICITAR UN NUEVO PRESTAMO PARA EL MEJORAMIENTO DE SU VIVIENDA PARA INVERTIR EN LA COMPRA DE MATERIALES DE CONSTRUCCION COMO: CEMENTO, ARENA, BLOQUES PARA TERMINAR DE CONSTRUIR SU CASA DE HABITACION.
SERGIO DICE QUE GRACIAS A LOS FINANCIAMIENTOS OTORGADOS POR CEPRODEL HA VENIDO MEJORANDO SU CASA.
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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Success!! The loan was 100% repaid