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Alvaro David
Álvaro David is 35 years old, married, and has two school-aged children. He lives in the town of El Sauce, located 90 kilometers to the west of Leon. In spite of being located between mountains and rivers, it is a well developed area focused on commerce and raising livestock. This has allowed the town and people to move forward with hard work every day.

Álvaro is a humble and hardworking person who has worked as a primary school teacher for 15 years. He works at a school in a town seven kilometers from his town. He is very grateful to the Kiva lenders and Ceprodel because thanks to them he has improved his home and his children now have better living conditions. He has also been able to purchase a motorcycle, which is his primary means of transportation to get to work on time.

He is requesting this loan to purchase parts to improve the condition of his motorcycle so that it does not have problems in the future. It is very important to have it to travel to work because of the distance. He hopes and trusts in God that people with good hearts will continue supporting him and he will be thankful to them his whole life.
View original language description ↓
Álvaro David es un joven de 35 años, casado, padre de dos niños en edad escolar, habitante del municipio de El Sauce, un lugar ubicado al occidente de León a 90 kilómetros y a pesar de quedar alejado entre montañas y ríos es muy desarrollado donde prevalece el comercio, la ganadería y esto ha permitido que el pueblo y sus pobladores salgan adelante trabajando arduamente día a día.
Álvaro es una persona muy humilde y trabajador que se desempeña desde hace 15 años como profesor de primaria en una escuela de una comunidad que queda a 7 kilómetros de dicho municipio.
Se siente muy agradecido con los inversionistas de Kiva y con Ceprodel porque gracias a ellos ha mejorado su vivienda, hoy sus hijos tienen mejores condiciones de vida y también logró comprar una motocicleta que es su principal medio de transporte para viajar hacia su centro de trabajo y estar puntual.
Hoy en la actualidad está solicitando un crédito para comprar repuestos para mejorar las condiciones de su moto con el fin de que no le de problemas en el futuro, ya que es de suma necesidad tenerla para viajar a su centro de trabajo por la distancia.
Espera y confía en Dios que estas personas de buen corazón le sigan apoyando, donde les agradecerá toda su vida.

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

  • $3,636
    Average annual income
  • 122
    View loans »
    Nicaragua Loans Fundraising
  • $24,036,450
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,175 helped Alvaro David to purchase parts for his motorcycle.
58% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2014
Listed
Mar 26, 2014
Currency Exchange Loss:
Possible