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Miguel Angel
Condega is a town in the northern part of the department of Estelí, known as a land of potters because of its crafts and hardworking people. Miguel Angel lives in a neighboring community with his wife and five children, whom he has to support and give an education. His profession is farming basic grains and small-scale livestock.

Known as an honest and hardworking person, he has property that measures 10 manzanas [1 mz. = 1.68 acres] with different areas for farming and livestock.

Recently he visited the office of CEPRODEL and he's requesting a loan to buy fertilizer and hoses and to pay for labor. He plans to make a profit and provide the necessary maintenance on his farm and his coffee.

He has had eight loans for this type of work. He has been working with CEPRODEL for eight years. The impact on and the benefits to himself and his family are positive because his farm is in better condition, which allows him to improve his work and standard of living.
View original language description ↓
Condega un municipio que está ubicado en la parte norte del departamento de Estelí, conocido como tierra de alfareros por su artesanía y gente trabajadora. Vive Miguel Angel en una comunidad aledaña, con su esposa y 5 hijos al que tiene el deber de mantener y darles sus estudios, de profesión, agricultor en granos básicos y la ganadería en una pequeña escala.

Conocido como una persona honesta y trabajadora tiene una propiedad de diez manzanas de extensión con diferentes tipos de aéreas para la explotación agrícola y ganaderas.

Recientemente se presento a ceprodel para solicitar un crédito para compra de abono, manguera y mano de obra, donde piensa salir beneficiado y darle el mantenimiento correspondiente a su finca y su café.
El lleva 8 créditos para este tipo de actividad, tiene 8 años de trabajar con Ceprodel. El impacto y beneficios que tiene el y su familia es de una forma positiva ya que trabajan su finca en mejores condiciones que le permiten mejorar su actividad de trabajo y nivel de vida.


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

  • $4,800
    Average annual income
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $24,753,075
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Miguel Angel to buy fertilizer and hoses, and to pay for labor.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 28, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 21, 2013