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Denis
View original language description ↓
Denis T. is from the El Sauce municipality of the city of León. Currently, he dedicates himself to his livestock business, a popular enterprise that is characteristic of the region. He is the father of three small children who he cares for and has the responsibility of educating.



It’s important to note that Denis is very conscious of his duty to support his family financially. It’s for this reason that he turned to CEPRODEL to obtain a loan to purchase some pregnant cows to help him increase his income.



Translated from Spanish by Mary Lynn, Kiva Volunteer.




El señor Denis T. es originario del municipio de El Sauce de la ciudad de León, actualmente se dedica al negocio de la ganadería ya que este municipio se caracteriza por ser una zona ganadera en altos porcentajes. Es padre de tres pequeños hijos los cuales atiende y esta en el deber de proporcionarles todas las condiciones necesarias para que ellos se desarrollen en sus estudios.


Es necesario destacar que hoy en día, el señor Denis esta consciente de que debe de apoyar a su familia con el recurso económico para subsistir. Es por esta razón que ha acudido a Ceprodel para obtener un crédito con el cual poder comprar vacas en preñez para sacarles el máximo provecho y comercializarlas en su sector.

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
  • 84
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 19.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Denis purchase of pregnant cows.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 20, 2008
Listed
Jun 3, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010