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Reynaldo
In the municipality of Somotillo, in the region of Caimito, Mr. Reynaldo M.has worked for most of his life in agriculture and cattle activities. He stands out in rearing cattle and low species like cattle, pigs, and birds. He also has various crops like: corn, sesame, and sorghum. The activities described, he does with his wife and grandson, his working day is from 6 to 2 in the afternoon. With the loan he will buy 3 calving cows that will guarantee part of the food for his home, as well as increase his herd of cattle, which will improve his social standing.
View original language description ↓
En el municipio de Somotillo, comarca el caimito, el señor Reynaldo Martínez, se ha dedicado la mayor parte de su viada al desarrollo de actividades agropecuarias dentro de las cuales se destacan la crianza de ganado tanto mayor y menor especies como ganado bobino, porcino y aviar también establece cultivos como maíz, ajonjolí y sorgo dichas actividades las realiza con su esposa y nieto que tiene a cargo en una jornada de 6 a 2 de la tarde, con el crédito solicitado será empleado en la compra de tres vacas paridas las que garantizaran parte de su alimentos para su hogar, así como también la mejora y aumento de su hato ganadero y de esta manera mejorar su condición social.

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
  • 81
    View loans »
    Nicaragua Loans Fundraising
  • $23,617,600
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Reynaldo to buy 3 calving cows.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011