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Oscar David
Don Oscar rents videos games, which he started with a previous loan he used to buy all the necessary items. This is his second cycle with Afodenic. He is 24 years old, single, and hopes to have his own home and also get a new vehicle. With this credit application, Don Oscar plans to install a full video room to offer more services to his customers, as the demand is already there, and he cannot currently meet it. With this new service, he expects to earn better income. Don Oscar gives thanks to the institution for helping him grow his business and his objectives.
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Don Oscar alquila videos juegos el cual inicio con préstamo para poder comprar todo lo necesarios, este es su segundo ciclo en Afodenic. Tiene 24 años de edad, soltero y aspira a tener su propia casa y también poder cambiar su vehiculo. Con esta solicitud de crédito es para instalar una sala de video completa para tener más servicios para sus clientes ya que la demanda esta buena y no la cubre. Con esto espera ganar mejores ingresos. Da la gracias a la institución por hacer crecer su negocio y sus objetivos.

Additional Information

About AFODENIC

This loan is administered by AFODENIC, La Asociación para el Fomento al Desarrollo Nicaragua, a Kiva Field Partner based in Managua, Nicaragua. Founded in 1999, AFODENIC was created to promote the socio-economic and cultural development of sectors that are excluded from commercial banking. Integrating economic and human resources, AFODENIC offers affordable and adaptable financial services aimed at strengthening the family unit of their clients, who include students, producers, and micro- and small entrepreneurs from rural and urban areas. AFODENIC is a socially responsible institution engaged in society and making a positive impact on its professional partners and communities.

Supporting a borrower through AFODENIC contributes to the pursuit of innovation in mitigating poverty in Nicaragua. Visit AFODENIC’s partner page for more information.

About Nicaragua

  • $3,636
    Average annual income
  • 177
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 20.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Oscar David to purchase equipment for a video room.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2009
Listed
Apr 26, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010