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Elías
San Sebastián de Yali is a municipality located in the north of the Jinotega department and known for its forests, its orchid species and its land suitable for coffee and vegetables. Elías lives in a neighbor community called El Gorrión with his wife and three children, whom he needs to support and provide study opportunities. He is a professional coffee farmer and known for being honest and hardworking and for having over 20 years of experience. His land extends as far as 8 blocks and, being a wooded area, it is entirely suitable for coffee cultivation.

He recently visited Ceprodel and requested this loan to buy fertilizer, fungicide and foliar fertilizer, and to cover labor costs to maintain the coffee. He believes this will be beneficial. The impact and benefits for him and his family will be positive given that he will improve their quality of life and financial conditions with the income obtained from each harvest.
View original language description ↓

San Sebastián de yali un municipio que está ubicado en la parte norte del departamento de Jinotega, identificado por su área boscosa y muchas especies de orquídeas con un terreno apto para café y hortalizas. En una comunidad aledaña conocida como el gorrión, Vive el señor Elías, con su esposa y sus tres hijos al que tiene el deber de mantener y darles sus estudios, él de profesión, agricultor en el área de café, es conocido como una persona honesta y trabajadora con más de 20 años de experiencia.

Su propiedad tiene un área de 8 manzanas de extensión todas aptas para cultivo de café siendo una área boscosa

Recientemente visitó a ceprodel para solicitar un crédito para compra de abono, fungicidas, foliares y gastos en mano de obra para darle mantenimiento a su café donde piensa salir beneficiado.

El impacto y beneficios que tendrá él y su familia son de una forma positiva ya que trabaja su finca a través de este rubro cada año, mejorando su nivel de vida y condiciones económicas con los ingresos obtenidos en cada cosecha realizada.




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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $23,624,275
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,225 helped Elías to buy supplies, such as fertilizer, fungicide and foliar fertilizer, and to cover labor costs.
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 23, 2013
Listed
Jun 3, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 3, 2013