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Mauricio José
In the Somotillo municipality Mauricio M. earns a living by rearing livestock, especially cattle, which involves providing them feed to fatten them up in order to get the maximum profit later on, and selling the milk.
He is requesting the loan to buy four calving cows for the purpose of making the most from them, selling their milk and continuing to use them to support himself and his beloved family who need him so much.
View original language description ↓
En el municipio de Somotillo, el señor Mauricio M. se ha destacado por dedicarse a la actividad pecuaria por medio de la crianza de ganado especialmente de vacas que consiste en brindarles la respectiva alimentación y engorde para luego sacarles el máximo provecho y extraer de ellas la leche para la respectiva venta.
Está solicitando un crédito para la compra de cuatro vacas paridas con el fin de aprovecharlas, extraer la leche y continuar comercializándola para el sustento propio y el de su amada familia que tanto necesita de él.

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
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,043,075
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mauricio José purchase four calving cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 7, 2010
Listed
Feb 4, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011