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Luis Manuel
Mr. Luis M. is from Telica, in the region of Leon, where he works hard to support his home. He is the father of two children, whom he supports in their studies so that they can develop as adults. The loan that he is asking for will be invested directly to pay the university fees for his children, which are due immediately. He confidently hopes that the credit will benefit his family and will result in the well-being of his children since as a father, his only dream is that his children will soon be professionals and have much success in life.
View original language description ↓
El señor Luis M. es originario de Telica municipio de León donde labora arduamente para llevar el sustento a su hogar. Es padre de dos hijos a los que debe apoyar con los estudios para que ellos se desarrollen. El crédito lo está solicitando para invertirlo directamente en el pago de los estudios universitarios de estos dos hijos debido a que lo requiere a lo inmediato. Espera confiadamente en que será beneficiado con dicho crédito y así invertirá para el bienestar de sus hijos ya que como todo padre, su único sueño es que muy pronto sus hijos puedan ser grandes profesionales y tengan mucho éxito en la vida.


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
  • 153
    View loans »
    Nicaragua Loans Fundraising
  • $24,072,325
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Luis Manuel to finance his children's education.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2011
Listed
May 1, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 12, 2012