EL SEÑOR R. works as a shopkeeper. He is single. This is the first loan that Ceprodel is granting him. He is thankful for the opportunity that the institution has offered him with the payout that they have approved. He needs this loan to pay for his professional degree.
EL SEÑOR R. LABORA COMO BODEGUERO ,ES SOLTERO , ES EL PRIMER CREDITO QUE CEPRODEL LE OTORGA, AGRADECE LA OPORTUNIDAD QUE LE HAN BRINDADO ESTA INSTITUCION CON LOS DESEMBOLSO QUE LE HAN APROBADO , ESTE CREDITO LO NECESITA PARA PAGO DE SU TITULO DE SU CARRERA PROFESIONAL.
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.