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Bismark Antonio
Bismark Antonio raises cattle, hogs, and poultry in the municipality of Somotillo, in the Rodeo Grande region. He is also employed by the local branch of the “Fondo de Desarrollo” (Development Fund), which helps obtain loans for entrepreneurs. Bismark has spent most of his life doing agriculture, since it provides the necessary income to support his home and family, consisting of his wife and son.

He will use the money from this loan to buy wire and posts which he will use to build a fence.
View original language description ↓
En el municipio de Somotillo, comarca rodeo grande sector los esterios, el señor Bismarck Antonio M. Rodríguez, se dedica a la producción de ganado bobino, porcino y avícola, también es empleado del fondo de desarrollo local sucursal Somotillo en donde tiene 12 años de laborar empresa cuya actividad es otorgar créditos, el señor Bismarck M. ha dedicado la mayor parte de su vida a estas actividades agropecuarias ya que le facilitan los ingresos necesarios para la mantención de su hogar y familia que esta constituida de su esposa e hijo.
El crédito será empleado en la compra de alambre y poste los que usara para mejorar su infraestructura de la finca.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Bismark Antonio fence building supplies.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011