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Erick Milton
Erick Milton is a young man who works as a teacher at a school in the city of León. He has been educating his students for ten years. He works from Monday through Friday from 1:00 p.m. until 5:20 p.m. He does this type of work in order to support his family.

He came to Ceprodel to request a loan to buy a motorcycle. He will use it to get to his work center because it is a considerable distance from his home.
View original language description ↓
El Joven Erick Milton, labora como docente en un colegio de la ciudad de león desde hace 10 años dando el pan del saber a sus alumnos realiza esta labor de lunes a viernes con horario 1:00 pm y finaliza a las 5:20 pm. Ella hace este tipo de trabajo para la mantención de su familia.

El Joven se acercó a Ceprodel a solicitar un crédito para comprar una motocicleta la que utilizara para trasladarse a su centro de trabajo en vista que le queda a una distancia considerable de su vivienda.

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
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Erick Milton to buy a motorcycle.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Apr 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014