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Basilio De Jesús
Condega is a city known as the land of potters for its craftsmanship and hardworking people. Basilio lives in an adjacent community with his wife and two children. He must take care of his children and make sure they receive an education. He works in agriculture as a farmer of basic grains such as corn and beans, and he also has a few livestock.

Basilio is known as an honest and hardworking person. He has 15 years experience working in this field, and he works with his family on their farm, which is approximately 17 acres. The farm is extremely productive and he wants to expand it into becoming one of the best businesses in the area for corn and bean cultivation. Currently, he is requesting a loan to buy fertilizer, insecticide, fungicide and labor.

His future plan is to cultivate more acres of beans and sell them once they are harvested to make a profit. This will allow him to repay his loan and cover his family's expenses. This will allow him to keep working on new farming cycles, and to improve his family's quality of life since this is his only way of earning income.
View original language description ↓
Condega un municipio conocido como tierra de alfareros por su artesanía y gente trabajadora, vive el señor Basilio en una comunidad aledaña con su esposa y 2 hijos al que tiene el deber de mantener y darles sus estudios , de profesión, agricultor, en granos básicos maíz y frijoles y la ganadería en pequeña escala.

Don Basilio conocido como una persona honesta y trabajadora, tiene más de 15 años de experiencia y trabajar estos rubros, trabaja junto con su familia en su finca de diez manzanas que es alta mente productiva y quiere sacarle un buen provecho explotándola en uno de los mejores rubros de la zona como es el cultivo de maíz y frijoles, hoy en día nos está solicitando un crédito, para la compra de de abono, insecticida, fungicida más gastos de mano de obra.

Su proyección es cultivar tres manzanas de frijol y comercializarlos una vez que los coseche obteniendo un buen ingreso para cancelar y cubrir los gastos de su familia lo que le permitirá seguir trabajando en los nuevos ciclos agrícolas y mejorar el nivel de vida cada día de su familia ya que es su única forma de obtener ingresos.

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
  • 142
    View loans »
    Nicaragua Loans Fundraising
  • $24,080,875
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Basilio De Jesús to buy supplies (fertilizer, insecticide, fungicide, and labor).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 8, 2013
Listed
May 5, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013