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Santos Alexander
View original language description ↓
Santos Alexander is a humble man that earns a living in the cattle farming business in the Cinco Pinos municipality of the city of Chinandega. He is the father of a young son, who motivates him to work harder everyday to be able to meet his needs.



It is important to note that this business requires a lot of physical work mainly because he needs to transport the animals from one point to another crossing long distances under the exposure of the sun. This can cause illnesses and can weaken the body. Nonetheless, Santos continues to work hard and it has now come to Ceprodel to obtain the loan that will allow him to purchase young bulls to raise and sell in his area.



Translated from Spanish by Libertad Leal, Kiva volunteer.





El caballero Santos Alexander es una persona muy humilde que labora en el negocio de ganadería en el municipio de Cinco Pinos de la ciudad de Chinandega. Es padre de un hijo pequeño el cual es el motivo por el cual cada día se esfuerza aun mas para satisfacer sus necesidades.


Es necesario destacar que el negocio requiere de mucho esfuerzo físico por la sencilla razón de que debe de trasladar los animales de una distancia a otra atravesando largos trechos de camino bajo la exposición al sol lo que provoca enfermedades y mucho desgaste físico. A pesar de esto, Santos continua trabajando fuerte y para ello ha acudido a Ceprodel para obtener el crédito que le permita la compra de novillos para su desarrollo y comercialización en su zona donde se desempeña.

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
  • 120
    View loans »
    Nicaragua Loans Fundraising
  • $24,042,000
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Santos Alexander to purchase young bulls.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 30, 2008
Listed
May 13, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010