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Farncisco
Don Francisco keeps cattle in the city of Chinandega. He has worked with livestock, producing milk, for 40 years. He started as a laborer on a hacienda and, after great effort, managed to buy his own animals, the cows in the photo. Francisco now lives on what he earns producing and selling milk.
View original language description ↓
DON FRANCISCO ES GANADERO DE LA CIUDAD DE CHINANDEGA CON 40 AÑOS DE EXPERIENCIA EN LA GANADERIA PARA LA PRODUCCION DE LECHE
EN SUS INICIOS EL CLIENTE COMENZO COMO ABRERO DE UNA HACIENDA Y CON LOS ESFUERZOZ EL LOGRO ADQUIRIR GANADO QUE ES LE QUE APARESE ENLA FOTO
ACTUALMENTE SOLO SE DEDICA A LA PRODUCCION DE LECHE

Additional Information

About CEPRODEL

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.

About Nicaragua

  • $3,636
    Average annual income
  • 120
    View loans »
    Nicaragua Loans Fundraising
  • $24,427,250
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Farncisco buy cows for milk business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 23, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011