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José Ángel
José is from the community of La Sabana, located 10 km from the city of Estelí, a community dedicated to farming and livestock activities. José is married and has three children, two of them school aged. He is described as a humble, hardworking and honest man.

This is his seventh loan and the previous loans had a big impact, since he has harvested different types of vegetables and with the profits has improved his family's financial stability.

WIth the loan, he is going to buy agricultural chemicals. He is preparing some land to plant chiltoma peppers and thus obtain a harvest after three or four months and sell it at a good price. José has a lot of experience growing vegetables such as chiltoma peppers, tomatoes, etc. because for 40 years he has been doing this type of work. The land he is going to use for the vegetables is suitable for this and he also has an irrigation system.

He is grateful to Kiva for the support offered, since this allows him to produce food for his city and thus generate work for at least two families in his community and for him personally, the development of his family's economy.
View original language description ↓
José es originario de la comunidad de la Sabana ubicada a 10 Km de la ciudad de Estelí una comunidad aptamente dedicada par las actividades agropecuarias. José es casado y tiene tres hijos dos de ellos en edad escolar, se caracteriza por ser un hombre humilde trabajador y honrado.

Este es su crédito número siete y con los créditos anteriores han sido de gran impacto ya que ha cosechado diferentes tipos de hortaliza el cual comercializa y con las utilidades ha mejorado la estabilidad económica de su familia.

Con el monto financiado lo va destinar para la compra de agroquímico ya que está preparando una mz de terreno para la siembra de chiltoma y así poder obtener la cosecha en periodo de tres a cuatro meses y comercializarla a un buen precio. Don José tiene gran experiencia en la siembra de hortaliza tales como chiltoma, tomate etc, ya que desde hace cuarenta años ha trabajado en este rubro, los terreno que tiene destinado para la siembra de hortaliza son apta para este rubro además cuenta con su sistema de riego.

Agradece a Kiva por el apoyo brindado ya que esta manera le permite producir alimento para su ciudad y por ende genera trabajo al menos a una dos familia de su comunidad y también en el caso personal el desarrollo económico de mi 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

  • $3,636
    Average annual income
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped José Ángel to buy agricultural chemicals to plant chiltoma peppers.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 12, 2013
Listed
Sep 2, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014