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Juan Antonio
View original language description ↓
Juan R. is a native of the city of León in Nicaragua and he lives in the municipality of El Sauce. This is where he has his ranching business which allows him to support his family and provide for all the needs of his home.


Today Juan faces an urgent need to buy calves to raise. Because he does not have the economic means at this moment, he is requesting a loan from Ceprodel so he can purchase the cattle. He will be able to take full advantage of this purchase and commercialize them at the right time. He has had a total of 4 loans with CEPRODEL, all paid on time in accordance with their terms.


Translated from Spanish by Molly Puglisi, Kiva volunteer.



Juan R. es un caballero originario de la ciudad de León en Nicaragua y habita en el municipio El Sauce que es donde posee su negocio ganadero con el que le permite dar mantenimiento a su familia supliendo todas las necesidades del hogar.


La necesidad que hoy en día el señor Juan atraviesa es la urgencia de la compra de vaquillas para su debida crianza. Por este motivo es que al no poseer ingresos económicos en este momento, solicita crédito en Ceprodel para la compra de las vaquillas. Con esta compra tiene lugar para sacarles el máximo provecho y extraer en tiempo oportuno sus derivados para comercializarlos. Hoy en día posee un total de 4 créditos con CEPRODEL pagados en tiempo y forma de acuerdo a lo establecido.

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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,392,675
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Juan Antonio purchase cattle.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 22, 2008
Listed
Apr 6, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009