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Luis
Santa Rosa del Peñón is a pretty municipality located in the department of León, where there are many enterprising people who work in livestock. This is where young Luis Acuña lives.
Luis Acuña is a young man with many years of experience in livestock. He has one child under his care. His main income comes from milk production. His daughter studies in university, and maintains her studies with great hard work.
He now has the opportunity to get to know CEPRODEL and Kiva, as they finance loans for any need that presents itself to hard-working people like Luis.
Given the conditions of his farm, he is requesting a loan from CEPRODEL and Kiva for the purchase of wire and clips, and to pay the labourers. With this he will improve his farm's conditions and his family's living conditions.
View original language description ↓
Santa Rosa del Peñón es un bello municipio ubicado en el departamento de León, donde existen muchas personas emprendedoras y ganaderas es aquí donde vive el joven Luis Acuña.

Luis Acuña es un Joven con muchos años de experiencia en la actividad ganadera, cuenta con un hijo a su cargo sus principales ingresos es la producción de leche, su hija estudia en la universidad, con tanto esfuerzo mantiene sus estudios.

Hoy en día se le ha presentado una oportunidad de conocer a ceprodel y kiva que estos financian préstamo para cualquier necesidad que se le presenten a las personas luchadoras como es el caso de el joven Luis.

Debido a las condiciones que presenta en su finca solicita un crédito a ceprodel y kiva para la compra de: alambre, grapa y Pago de Mano de Obra, con esto mejoraría las condiciones de su finca y las condiciones de vida de su familia.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Luis to buy wire and clips, and to pay the labourers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 8, 2013
Listed
Apr 6, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014