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Santiago
Santiago C. lives in Villanueva where he has been a sesame farmer for several years. He has managed to make home improvements, which have been of benefit to his three, school-age, children, by providing them with a proper home in which to live.

He rises very early to go to his fields and tend to his crops. His wife is an elementary school teacher who starts her work day at 7am.

Currently, Santiago is asking for funding to invest in his sesame crops so that his harvest will be good and he can continue to improve his children's living conditions.
View original language description ↓
El señor Santiago C. vive en el municipio de Villanueva donde se ha dedicado a trabajar en la siembra de ajonjolí desde hace varios años y ha logrado mejorar las condiciones de su casa de habitación beneficiando a sus tres hijos en edad escolar y brindándoles un techo digno donde habitar.
Él se levanta muy temprano para irse a la finca y atender los cultivos y la esposa se dedica a trabajar como maestra de alumnos de primaria la cual la jornada comienza desde las 7:00 de la mañana.
Actualmente, el señor Santiago está solicitando un crédito para invertirlo en la siembra del ajonjolí y así tener una buena cosecha y continuar mejorando las condiciones de vida de sus hijos.

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

  • $4,800
    Average annual income
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,749,225
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Santiago to invest in sesame crops.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 31, 2009
Listed
Feb 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011