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Luís Azamat
El Sauce is a town where milk and honey are in abundance due to the nature of its land which are perfect for agricultural activity. The majority of the town's inhabitants survive by producing foodstuffs which derive from said milk and honey. It was in this bountiful town that the young Luis Azamat was born and grew up with the traditional local customs.

Luis began studying civil engineering because he desires to construct buildings for the good of the community. He now works for a state-owned company where he has worked for a number of years, primarily building homes for people with low resources.

He is currently applying for a loan in order to pay for university coursework so that he is better prepared and up-to-date with industry technology. The coursework is very expensive and he cannot cover the cost with his salary alone.
View original language description ↓
El Sauce es un pueblo donde abunda la leche y la miel por la naturaleza de sus tierras que son aptas para la actividad, la mayoría de sus habitantes elaboran alimentos que se derivan de la leche y la miel para sobrevivir.

En este pueblo lleno de bondades nació el joven Luís Azamat criado con costumbres tradicionales meramente del municipio.

Estudió la carrera de Ingeniería civil porque le fascina construir edificios para el bien común.

Se desempeña como tal para una empresa del estado donde tiene varios años de laborar y donde su actividad principal es construir casas para las personas de escasos recursos.

En la actualidad tiene la necesidad de un crédito para pagar un curso universitario con el fin de estar más preparado de acuerdo a la tecnología y por ser éste muy caro no puede cubrirlo con su salario.

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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,753,075
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,050 helped Luís Azamat to pay for university coursework.
99% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Feb 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014