José Daniel turned to Ceprodel in order to request a loan for building a wall which is currently in bad condition. This loan will be used to purchase bricks, cement, sand and iron, and to pay for labor.
He estimates that by year's end his house will be improved, but for that he needs Ceprodel and Kiva to provide him with this type of loan. At the moment he only has his health, his ability to work and his integrity.
José Daniel se presento a Ceprodel para solicitar un crédito para la construcción de una pared que se encuentra en mal estado, este financiamiento será invertido en compra de bloque, cemento, arena, hierro y pago de mano de obra.
Estima que a fines de año su vivienda estará mejor, pero para entonces necesita que Ceprodel y Kiva le brinden este tipo de crédito, de momento solo cuenta con su buena salud, su capacidad de trabajo, y su honradez.
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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