Don Marvin Enrique came to CEPRODEL so that he could request a loan for the purchase of construction materials such as cement, iron, blocks, and zinc sheets, as well as to pay for labor. He thanks CEPRODEL for the support it has provided with this loan. As a result, he will be able to add a connecting room and provide better living conditions for his family.
Don Marvin Enrique se desempeña como guarda de seguridad en una universidad del estado desde hace veinte años.
Se presento a CEPRODEL para solicitar un crédito para compras de materiales de construcción tales como cemento, hierro, bloque, cinz y pago de mano de obra.
agradece a CEPRODEL por el apoyo que le pueda brindar otorgándole este financiamiento, para poder realizar anexo de un cuarto y poder tener una mejor condición de vida para 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