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Lorenzo De Jesús
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In the municipality of Condega, of the city of Esteli, Lorenzo R. has been working in agriculture and cattle for 20 years, since he was a child. He is now married and has a son whom he needs to support and needs to provide the conditions necessary for life.

Lorenzo currently needs to invest in his crops and his cattle. For this reason he has applied to Ceprodel for a loan that will allow him to care for his crops and to purchase cattle. Once he has done these things, he plans to use the money he earns to begin to improving living conditions for his beloved wife and young son by reconstructing their house.

Translated by Jennifer Day, Kiva Volunteer


En el municipio de Condega de la ciudad de Estelí, el caballero Lorenzo R. se dedica al negocio de agricultura y ganadería desde hace 20 años habiéndose involucrado en esta actividad desde que era un niño. Hoy en día es casado y con un hijo a quien mantener y brindarle las condiciones necesarias para vivir.



Como toda actividad en desarrollo, hoy en día él necesita invertir en sus cultivos y en el ganado y para ello acude a Ceprodel para solicitar un crédito que le permita llevar a cabo la asistencia técnica en los cultivos y la adquisición de ganado para su desarrollo. Son sus planes una vez que obtenga el dinero y que los haya invertido en este fin, iniciar a mejorar las condiciones de vida por medio de la reconstrucción de su vivienda para brindarle mejores condiciones de vida a su pequeño hijo y a su amada esposa.

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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 19.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Lorenzo De Jesús to invest in agriculture and cattle.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 18, 2008
Listed
Sep 4, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009