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Reynaldo  Santiago
Reynaldo, a hardworking person with good moral values, lives in the city of Managua. He has worked as a collector for 6 years. He is single and has one dependent.

At present, he has been struggling because his mother is in poor health and he has come to Ceprodel with the purpose of requesting a loan to cover medical expenses for his mother, such as doctors visits and medicine for her quick recovery.
View original language description ↓
En el municipio de Managua, el señor Reynaldo es una persona trabajadora y de buenos valores morales dedicandose a laborar como colector, desde hace seis años. Es soltero y tiene una persona a su cargo.

Actualmente ha tenido una dificultad y es que su mamá ha estado mal de salud por lo que él ha acudido a Ceprodel con el fin de solicitar un crédito para suplir los gasto médicos tales como el pago de examenes medicos, pago de consultas y la compra de los medicamentos para la pronta recuperación de su mamá.

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
  • 173
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Reynaldo Santiago to buy medicine and pay for his mother's doctors visits.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012