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Silvio José
Silvio José is 44 years old and has four children. They live in the region of San Agustín, which is located 15 kilometers from the municipality of El Sauce. Silvio José has worked for years in a company as a security guard, which allows him to bring home bread to his family each day. Although he may not earn a lot of money, he carries out his work with great care and determination. Moreover, it is a fixed salary he earns, and with it he can feed his family.

Silvio José is requesting a Kiva loan through CEPRODEL to buy two bicycles for his children, who walk three kilometers each day to go to school. The bicycles would save them from having to walk such a long distance in the sun. Silvio José says that even with such great obstacles, his children are interested in learning and bettering themselves, and that although they live in the country, they do not lack for education.

Silvio José is grateful to Kiva and CEPRODEL for the support they have provided him, and he hopes that this loan is approved for the good of his children, who are the most important thing in his life.
View original language description ↓
Don Silvio José es un señor de 44 años, padre de cuatro hijos que habitan en la comarca San Agustín ubicada a 15 km del municipio de El Sauce.

Se desempeña como Guarda de seguridad en una Institución desde hace años, labor que le permite llevar el pan de cada día a su hogar.
Aunque sea muy poco lo que gana ejerce su trabajo con esmero y empeño, además que es un salario fijo que tiene y con esto cubre los gastos de alimentación de su hogar.

Actualmente está solicitando un crédito a los inversionistas de Kiva para que a través de Ceprodel se lo financien para la compra de dos bicicletas para sus hijos que van a la escuela ya que les toca caminar 3 km diario y con este medio se ahorrarían caminar larga distancia sobre el sol.
Aún con gran dificultad estos niños tienen el interés de aprender y superarse a pesar de que habitan en el campo no faltan a la escuela.

Agradece a Kiva y Ceprodel por el apoyo que le ha brindado y espera que le apruebe este financiamiento para el bien de sus niños que son lo mas importante en su 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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Silvio José to buy two bicycles for his children to travel back and forth to school.
99% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2013
Listed
Mar 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014