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Agustín
Agustín C. is from the town of Santa Rosa del Peñón. He currently works as a garbage collector for the city, a job he has been doing for four years. This is the first loan he has requested from field partner CEPRODEL. The purpose of the loan is to purchase two doors for his home.
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El Sr. Agustín C. es originario del municipio de Santa Rosa del Peñón, actualmente se desempeña como recolector de basura en la Alcaldía de dicho municipio donde tiene cuatro años de laborar. Es el primer crédito que solicita en ceprodel con el objetivo de comprar dos puertas para su vivienda.

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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,389,050
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Agustín purchase two doors for his home.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2010
Listed
Oct 6, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011