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Juan Ramón
In the Somotillo municipality Juan A. has reared cattle for a long time in order to earn income to support his household.
He is the father of three children who he has to support and therefore he strives extremely hard. He is asking for a loan to buy a heifer to rear for milk that he can sell at his premises.
View original language description ↓
En el Municipio de Somotillo el señor Juan A. se dedica desde ase mucho tiempo a la crianza de ganado con el propósito de obtener los ingresos para el sustento de su hogar.
Es padre de tres hijos a los que tiene que mantener y por esto se esfuerza grandemente. El crédito lo solicita para la compra de una vaquilla para su crianza para extráele la leche y comercializarla en su local.

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
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Juan Ramón to buy a heifer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2010
Listed
Feb 5, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011