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Cristino
View original language description ↓
Cristiano Eraso has been breeding cattle is his barnyard since he was very young. It is located in the Somotillo municipality in the city of Chinandega. He is a hardworking man and has been working most of his life in this business in order to support his family and to cover all their necessities.



Currently he wants to invest in his barnyard by buying a pregnant cow. He has come to Ceprodel to ask for the loan that will enable him to make this purchase, which in turn, will help him improve his family's financial situation.



Translated from Spanish by Libertad Leal, Kiva volunteer.





La crianza de Ganado en su corral es el negocio al que se dedica desde muy joven el señor Cristiano Eraso en el municipio Somotillo de la ciudad de Chinandega. Es un caballero muy esforzado debido a que ha dedicado gran parte de su vida a este negocio con el fin de mantener su familia y suplir todas las necesidades de su hogar.



Su necesidad hoy en día es la urgencia de invertir en su corral y la compra de una vaquilla en preñez. Es por este motivo que acude a Ceprodel para ser beneficiado con créditos que le permitan realizar esta compra y así mejora su situación económica y la de su humilde 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

  • $3,636
    Average annual income
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,480,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Cristino purchase of pregnant cow to improve his barnyard.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 20, 2008
Listed
Mar 4, 2008
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2010