Agustina Del Socorro
She is asking our institution for the loan in order to invest in her house. She will purchase materials to reinforce a wall with the goal of securing her house. The wall currently needs to be repaired since it is incomplete, because in the future it will cost her more to repair it. She used the previous loan to purchase more merchandise (a variety of new clothing). She is thankful to Ceprodel and Kiva for the opportunity and the confidence placed in her. Through the loans, she has increased her business, and it has allowed her to improve her house and have better living conditions for herself and her family.
Solicita el préstamo a nuestra institución para invertir en su vivienda, comprara materiales para el reforzamiento de un muro, Esto con el propósito de asegurar su casa, que en esta ocasión es la necesidad de repararlo ya que esta incompleto, debido a que en el futuro le cueste más invertir en la reparación de este. El crédito anterior lo utilizo para comprar más mercadería (ropa nueva variada). Se siente agradecida con ceprodel y Kiva, por la oportunidad y la confianza depositada en ella, por medio de los préstamos ha incrementado su negocio y le ha permitido mejorar su vivienda y tener una mejor condición de vida para ella y su familia.
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