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Miguel Ángel
Condega: a town known for its pottery, crafts, and hard-working people. In a neighboring community known as Níspero lives Miguel, with his wife and daughter, whom he supports and sends to school. He is a professional farmer, specializing in growing grains and cattle ranching, both bulls and milk cows. He is well known as an honest and hard-working person, with more than ten years of experience.

His property consists of 14 acres, all perfect for growing grains and grazing cattle, as it is a productive area.

He recently stopped by Ceprodel to ask for a loan to purchase three young bulls for fattening, from which he expects to profit. The impact and the benefit to his family will be a positive use of his farm, which is one of the best plots in the region. He intends to first graze the animals, and then sell them for slaughter. The income he will gain from selling the cattle will improve his quality of life and his economic situation.
View original language description ↓
Condega un municipio conocido como tierra de alfareros por su artesanía y gente trabajadora. En una comunidad aledaña conocida como el Níspero, Vive el señor Miguel, con su esposa y su hija a la que tiene el deber de mantener y darles sus estudios, él de profesión, agricultor, en el área de granos básicos y la ganadería en repasto de novillos y ganado de leche es conocido como una persona honesta y trabajadora con más de 10 años de experiencia.

Su propiedad tiene un área de 14 manzanas de extensión todas aptas para cultivo de granos básicos y ganado siendo un área productiva

Recientemente visitó Ceprodel y está solicitando un crédito para comprar tres novillos de engorde donde piensa salir beneficiado. El impacto y beneficios que tendrá él y su familia son de una forma positiva al explotar su finca en uno de los mejores rubros de zona, mejorando su nivel de vida y condiciones económicas con los ingresos obtenidos con la venta de ganado luego de repastarlos y venderlos al matadero.


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
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Miguel Ángel purchase three beef cattle.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 16, 2013
Listed
Jun 11, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014