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Leonto Leonel
View original language description ↓

Leonto R. is described as a hard-working gentlemen who has for quite a while dedicated himself to agriculture in his home town of the municipality of El Sauce in the city of León.


Mr. R. and his family are currently in need of assistance: since they live in an area where there is no conventional electricity, they have requested the installation of a solar panel to help out with household chores and the children's studies. That's why they're turning to Ceprodel to earn credits that will permit them to get out of the debt they acquired with the panel; that way he can provide his family with better conditions in life so that his children can study in the afternoon and evenings, become great professionals, and make their dear father's dreams come true.



Translated from Spanish by Shannon Skoglund, Kiva volunteer.



Leonto R. se caracteriza por ser un caballero muy trabajador que desde hace mucho tiempo se dedica al negocio de la agricultura en su local de habitación en la ciudad de León específicamente en el municipio de El Sauce.


Una necesidad por la que transcurre el señor R. y su familia es que a pesar que viven en un local donde no se cuenta con energía eléctrica han solicitado que le instalen un panel solar para apoyarse con los quehaceres del hogar y el estudio de sus hijos por tal razón acude a Ceprodel para obtener crédito que le permita salir de esta deuda que contrajo con la adquisición del panel y así poder brindarle a su familia mejores condiciones de vida para que sus hijos puedan estudiar por las tardes y noches para llegar a ser grandes profesionales que es el sueño de su querido padre.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $3,636
    Average annual income
  • 173
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Leonto Leonel pay for a solar panel for their home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 28, 2008
Listed
Mar 12, 2008
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2009