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Matias works in the livestock farming sector and, by being a hard worker, has been able to improve his standard of living and has brought his family better living conditions.

He is requesting a loan to invest in buying three cows for breeding purposes as well as for milking and eventual sale. In this way he will receive the income he needs to continue improving the living conditions of his family in the town of Somotillo.

View original language description ↓
El señor Matias E. se dedica a la activiad agropecuaria y por ser un gran trabajador ha logrado mejorar las condiciones de su vivienda y le ha brindado a su familia mejores condiciones de vida.
Está solicitando un crédito para invertirlo en la compra de tres vacas para proceder a su crianza y también para extraerle la leche y comercializarla y de esta manera obtener los ingresos para continuar mejorando las condiciones de vida de su familia en el municipio de Somotillo.

Additional Information


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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Matías to buy three cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Jan 22, 2010
Mar 1, 2010
Currency Exchange Loss:
Feb 15, 2011