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Donald Andres

Update on Donald Andres

Donald is a courageous man who is dedicated to his family. He works as a communal bus driver and he has had this job for over 10 years. He also works raising pigs, which he has done for 10 years. He is single with two children under his care. He is currently requesting his 13th loan to buy brooding sows, feed, and vitamins to increase his productive inventory. He has had good results during this season with the combination of his two jobs.
View original language description ↓
Donald es un señor esforzado y dedicado al cuido de su familia trabaja como conductor de un bus de transporte colectivo el cual tiene más de 10 años, además también se dedica a la crianza de cerdos actividad la cual tiene 10 años de ejercerla, soltero con 2 hijos a su cargo, actualmente este señor está solicitando el crédito Nº 13 el cual lo utilizara en la Compra de cerdas de vientre, alimentación y vitaminas , para incrementar el inventario productivo los cuales le han dado buenos resultados durante estén tiempo como es la combinación de las dos actividades económicas.

Previous Loan Details

This gentleman is originally from Telica. He works as a bus conductor, collecting fares for the route from León to San Isidro. He also has a taxi and raises pigs. He has been in business for several years and says this loan will be used for raising pigs. He has sufficient experience in t... More from Donald Andres's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 109
    View loans »
    Nicaragua Loans Fundraising
  • $24,829,275
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Donald Andres to buy brooding sows, feed, and vitamins.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2014
Listed
Jun 27, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 8, 2015