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Pedro Reynaldo
Pedro is a native of the El Jicarito region. He has been a teacher for 27 years at a school called El Jicarito. His nuclear family consists of himself and two other people: his wife, who is also a teacher in the same school district, and his daughter, who studies in a school in the same place. He has received 13 loans from the institution. This new loan will be used to buy a printer, gas cooker and refrigerator, because in this way he can continue to improve his living conditions and standard of living.
View original language description ↓
Este cliente es originario de comarca el jicarito es maestro del colegio del mismo nombre, tiene 27 años de laborar, su núcleo familiar consta con 2 personas su esposa que también es maestra del mismo núcleo educativo y su hija quien estudia en el colegio de la misma localidad, actualmente tiene 13 créditos recibidos con la empresa, este ultimo será utilizado para la compra de impresora , cocina de gas y Refrigeradora, ya que de esa manera ha venido mejorando sus condiciones y nivel de 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
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Pedro Reynaldo to buy a printer, gas cooker and refrigerator.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2011
Listed
Aug 4, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 26, 2012