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Eliazar Miguel
San Sebastián de Yali, is a municipality located in the northern part of Jinotega Department, known for its forested area and many species of orchids, with land suitable for agriculture and livestock-raising.

In an adjoining community known as El Vijagual, Eliazar lives with his wife and his three children whom he has the duty to support and educate.

A farmer by occupation, growing basic staples, he is known as an honest and hard-working person with more than 15 years of experience. His property is 9 manzanas in area (about 16 acres), all of which are suitable for growing corn, beans and vegetables.

Recently he visited our offices, requesting a loan to buy manure, fungicides, herbicides and pay for labor to maintain his bean and potato crops, where he hopes to come out with a profit.

The impact and benefits will be positive for him and his family, as they operate their farm and grow these crops each year, improving their economic situation with the income obtained in each successful 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 la agricultura y ganadería. En una comunidad aledaña conocida como el vijagual , Vive el señor Eliazar , 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 granos básicos, es conocido como una persona honesta y trabajadora con más de 15 años de experiencia.

Su propiedad tiene un área de nueve manzanas de extensión todas aptas para cultivo maíz, frijol y hortalizas.

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 y papa 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 estos rubros cada año, mejorando sus 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.

Tags

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

Success!! The loan was 100% repaid

A loan of $1,175 helped Eliazar Miguel to buy agricultural supplies (manure, fungicide, herbicides) and pay for labor.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 25, 2013
Listed
Oct 11, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014