Check out some available loans that are similar to this one!
José Aurelio
José is originally from a community known as el Regadío about 15 km from Estelí. Out of the five children he has with his wife only one is in school. Despite being from the countryside he has been employed at a water and sewage company working in the department of residual waters for over 16 years where he has made a salary that has provided for the household expenses.

With this loan, José plans to purchase cattle and three bulls now that he owns a small farm which he wants to improve by purchasing the cattle.

He and his sons maintain his small farm on the weekends as he only works Monday through Friday. José is grateful to kiva for giving him the opportunity to finance his endeavors so that he can improve his quality of life.
View original language description ↓
José es originario de una comunidad que se llama el Regadío a unos 15 km de Estelí, su estado civil es acompañado y tiene cinco hijos de esto solo uno está estudiando, a pesar de ser origen campesino actualmente el se desempeña como trabajador de una empresa de servicio de acueducto y alcantarillado, en esta empresa trabaja en el área de aguas residuales desde hace mas de 16 años del salario que devenga el provee para los gasto del hogar.

Con el crédito otorgado a José lo destino para la compra de ganado, tres novillos, ya que cuenta con una pequeña finca el cual quiere mejorarla introduciéndole ganado.

Esta pequeña finca la atiende los fines de semana ya que solo trabaja de lunes a viernes y cuenta con el apoyo de sus hijos mayores.

José agradece a Kiva por brindarle la oportunidad de optar por un financiamiento ya que de esta forma mejorara la calidad 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

  • $3,636
    Average annual income
  • 178
    View loans »
    Nicaragua Loans Fundraising
  • $23,196,575
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped José Aurelio the purchase of cattle and three bulls.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2014