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Santos  Mateo
Santos Mateo is known as a responsible, hard-working person in El Sauce. El Sauce is a beautiful municipality in the department of Leon with great opportunities for working with livestock. Santos Mateo buys young bulls, grazes them, and then brings them to the slaughter. This is how he makes an income for his family.
He has come to Ceprodel with the goal of getting a loan for the purchase of young bulls to raise. This will be a great help to him so that he can work with more capital and increase his production. This will improve his quality of life.
View original language description ↓
En el Sauce un bello municipio del departamento de León con muchos potenciales en lo que respecta la ganadería, santos mateo es conocido como una persona responsable, trabajador su actividad es compra de novillos, los repasta y luego lo saca al matadero, es de esta forma que obtiene sus propios ingresos para el desarrollo de su familia.

Actualmente se presentó a Ceprodel con el fin de solicitar un crédito para la compra de Novillos para la crianza y desarrollo, ya que esto le servirá de mucho beneficio en poder llegar a trabajar con un mejor capital disponible en lo ganadero y poder incrementar su producción, así mejorar su calidad de vida.

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
  • 30
    View loans »
    Nicaragua Loans Fundraising
  • $26,391,875
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Santos Mateo to buy a young bull.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Feb 14, 2012
Feb 22, 2012
Currency Exchange Loss:
Mar 15, 2013