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Nelson Francisco
Nelson has one son and lives in the “La Palma” region of the “La Puerta” sector of the city of “El Sauce” in the León department. He raises livestock and has developed a portion of land on his property for this use.

He will use the money from this loan to buy four plots of land to develop. This will allow him to better maintain his herd and improve his income for his family’s well being.
View original language description ↓
El cliente Nelson Francisco A. C.Vive en la Comarca la palma sector la puerta del municipio el sauce departamento león, tiene un hijo a su cargo se dedica principal mente a la actividad ganadería.
El cliente cuanta con una propiedad de 12 MZ propia de terreno, donde la desarrolla para la explotación ganadera.
El destino del crédito fue para la compra de 4 terneros para el desarrollo.
Esto le permitirá mantener en mejores condiciones su finca y mejorar la producción de sus ingresos, para el bien estar de su familia.

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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Nelson Francisco purchase land to raise cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 22, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011