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Noel Hernesto

Update on Noel Hernesto

Noel Ernesto is a young 29-year-old man, and is the father of a child who is in primary school. For more than 5 years, he has been working as a primary school teacher in a community in the El Sauce municipality. When he started his family, being a responsible young man he decided to take on that job to try and provide his small child with a dignified home.

With his effort and the sweat of his forehead, Noel was able to buy a motorcycle that is "the machete of his work", as they say in Nicaragua. He is thankful for the support of Kiva and CEPRODEL because over the course of three years they have given him four loans, which have supported the development of his humble family since he used them to improve his housing conditions.

At this time, Noel needs a loan to buy replacement parts for his motorcycle, since it has been in bad condition and he needs the support of other people to overcome this inconvenience which is hurting his work, since the community where he teaches is far from the city and the motorcycle helps him travel quickly to his work. He hopes to continue to receive support.
View original language description ↓
Noel Ernesto es un joven de 29 años, sauceño, padre de familia de un niño el cual está en edad escolar.
Desde hace más de cinco años se dedica a laborar como profesor de primaria en una comunidad del municipio de El Sauce, desde que conformó su familia optó por ejercer esta profesión como joven responsable para tratar de darle un hogar digno a su pequeño hijo.
Con el esfuerzo y sudor de su frente Noel ha logrado comprar una motocicleta la cual es su machete para su trabajo como generalmente se dice en Nicaragua.
Agradece el apoyo que le ha brindado KIva y Ceprodel porque a lo largo de tres años le han otorgado cuatro créditos que le han beneficiado para el desarrollo de su humilde familia, ya que ha mejorado las condiciones de su vivienda.
En este momento Noel tiene la necesidad de un financiamiento para la compra de repuestos para reparar su motocicleta, ya que la ha tenido en mal estado por lo que necesita el apoyo de estas personas para salir adelante con este inconveniente que le perjudica en su trabajo porque la comunidad donde imparte clases está alejada de la ciudad y la moto le agiliza el llegar temprano a su centro de trabajo.
Espera le sigan apoyando.

Previous Loan Details

Noel Ernesto is a young man who is 29 years of age. He is originally from the town of El Sauce, which is located 180 kilometers away from the Nicaraguan capital. Despite his age, this young man is very responsible in his work and with his family. He is married and is the father of a young s... More from Noel Hernesto's previous loan »

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.

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.


About Nicaragua

  • $4,800
    Average annual income
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $400 helped Noel Hernesto to buy replacement motorcycle parts.
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 28, 2014
Jun 13, 2014
Currency Exchange Loss:
Jul 13, 2014