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Santiago Sabino
Santiago Sabino works hard as a small farmer. He raises cattle in the town of Nagarote in León, Nicaragua, where he has gained a great deal of experience raising these animals. He is asking for a loan to invest in the purchase of four young cows. He hopes to raise these cows and use this as an opportunity to sell their milk commercially.

He hopes that the loan will be funded so that he can buy the cows and continue with his work.
View original language description ↓
El señor Santiago Sabino se dedica con gran esfuerzo a su actividad agropecuaria dedicándose a la crianza de ganado en el municipio de Nagarote en León donde ha adquirido vasta experiencia en la crianza de estos animales. Está solicitando el crédito para ser invertido en la compra de cuatro vaquillas con el fin de criarlas y sacarle el máximo provecho por medio de la leche para comercializarla.

Espera ser beneficiado con el crédito para la compra de dichas vaquillas y así llevar a cabo su actividad en su localidad.

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
  • 141
    View loans »
    Nicaragua Loans Fundraising
  • $24,099,050
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Santiago Sabino purchase of four young cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 28, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011