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Rufo
San Sebastián de Yali is a municipality located in the northern part of Jinotega department, known for its forest and many species of orchids, with a suitable terrain for agriculture and livestock farming. In a surrounding community known as Guayabas lives Rufo with his wife and four children, for whom he has to provide and educate.

Rufo, who cultivates basic grains, is known as an honest and hardworking person with over 30 years of experience. His property covers an area of 110 manzanas [equivalent to 1.75 acres], all which is suitable for the cultivation of corn and beans and for raising cattle.

He recently visited our offices and is requesting a loan to buy fertilizer, fungicides, and foliar fertilizers, and to pay for labor to help maintain the bean crop in areas where he thinks it will be beneficial. He expects a positive impact for his family, since they work their farm following this routine every year, improving their standard of living and economic conditions with the income earned from each crop.
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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 la agricultura y ganadería. En una comunidad aledaña conocida como las guayabas , Vive el señor Rufo, con su esposa y sus cuatro hijos al que tiene el deber de mantener y darles sus estudios, él de profesión, agricultor, en el área de granos básicos, es conocido como una persona honesta y trabajadora con más de 30 años de experiencia.

Su propiedad tiene un área de 110 manzanas de extensión todas aptas para cultivo maíz y frijol y la ganadería

Recientemente visitó nuestras oficinas y está solicitando un crédito para compra de abono, fungicidas, foliares y gastos en mano de obra para darle mantenimiento al cultivo de frijol donde piensa salir beneficiado. El impacto y beneficios que tendrá él y su familia son de una forma positiva ya que trabajan 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.

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About Nicaragua

  • $4,800
    Average annual income
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,535,925
    Funds lent in using Kiva
  • 25.6
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,175 helped Rufo to buy supplies (fertilizer, fungicide, foliar fertilizers) and to pay for labor.
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 11, 2013
Currency Exchange Loss:
Possible
Expired:
Nov 10, 2013