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Abimalet
Mr. Abimalet R. G. is employed by the City of San Rafael Sur as a heavy vehicle operator; he’s been thus employed for a year.

He has had two loans with CEPRODEL. He used one to buy building materials and supplies to make some home improvements and this other one is requested to buy farming supplies.

The loans have been of great benefit because they have helped improve his and his family’s living conditions.
View original language description ↓
El Sr. Abimalet R. G. él es Trabajador de la Alcaldía Municipal San Rafael del Sur desempeñándose como Operario de Vehículo Pesado tiene un año de trabajar para esta empresa. Ha tenido dos créditos con CEPRODEL y uno lo realizo para comprar materiales de construcción para mejorar su casa de habitación y este otro lo está solicitando para comprar materiales para siembra de los cuales estos créditos le han beneficiado en gran manera ya que de esa manera él ha mejorado su condición de vida de él y 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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Abimalet to buy farming supplies like: manure, insecticide, top soil, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2010
Listed
Sep 17, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 28, 2011