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Pedro Jacinto
Pedro Jacinto makes a living in agriculture. For the last five years, he has been growing yucca. Pedro Jacinto is a very enterprising man who also works as a messenger for a city bank. He has three dependents that he takes care of with the money he earns from farming and his messenger services.

Currently, Pedro Jacinto needs to sow 3.5 acres of yucca. Seizing the opportunity, he approached Ceprodel to request a loan to pay to plow, terrace, and sow his land as well as buy fertilizer. In this way, he will be able to plant more yucca to help his family and improve their socioeconomic situation.
View original language description ↓
El Pedro Jacinto señor que se dedica a la agricultura, con cinco años de experiencia, se dedica a la siembra de yuca, una persona emprendedora, de profesión agricultor, además labora en un banco la cuidad como mensajero, como otra alternativa económica, con tres personas que dependen de él a los que tienen que darles manutención y lo hace con los ingresos que obtiene con este cultivo y los otros ingresos antes mencionados, ya que es una alternativa económica para sobre vivir.

Actualmente tiene la urgencia de sembrar 3 manzanas de yuca y lograr la oportunidad de negocio por la época del momento, se presento a ceprodel para solicitar un financiamiento, para utilizarlo en el Pago de servicio de arado, grada, rayada y compra de completo y foliar y de esa manera realizar la nueva siembra para seguir fortaleciendo el desarrollo socio económico 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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Pedro Jacinto to pay to plow, terrace, and sow his land and to buy fertilizer for his land.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 31, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014