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Ricardo Javier
Ricardo A. has been growing sesame for 10 years in the department of León. He greatly strives to improve his business in order to succeed and provide a better life for his family. Ricardo is a single father who is responsible for a young son.

He is requesting a loan in order to hire labor to cut the sesame stalks and thresh them for the seeds. This needs to be done before he can bring his crop to market and generate revenue for further development. Ricardo expects that this loan will improve the conditions for his business.

View original language description ↓

Ricardo A. desde hace diez años se dedica a su actividad de siembra de ajonjolí en el departamento de León donde se esfuerza grandemente por mejorar las condiciones de su actividad para salir adelante y proporcionarle mejores condiciones de vida a su familia compuesta por su pequeño hijo a su responsabilidad ya que él es un padre soltero.

Solicita un crédito para llevar a cabo la corta y emparve del ajonjolí y para esto requiere pagarle a mozos para sacar prontamente la cosecha y proceder con su respectiva comercialización para generar los ingresos para su desarrollo. Espera ser beneficiado con el crédito para mejorar las condiciones de su actividad.

Additional Information


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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Ricardo Javier pay for labor to harvest his sesame crop.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Nov 20, 2009
Nov 23, 2009
Currency Exchange Loss:
Mar 15, 2010