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Cesar Antonio
Cesar, 40, has a small grocery store that he and his wife operate. They also sell fried food to generate more income. He started with savings and loans from Afodenic. He lives in the Sabana Grande neighborhood in Managua city. They have two children, 2 and 10.

The loan is to buy a freezer and plastic tables and chairs in order to give better service to his customers. He plans to be able to continue investing in the sale of fried food because he sells a lot of it. He wants to be able to put in a dining room to improve his home. He also wants to be able to give his children a good education.
View original language description ↓
El señor cesar tiene 40 años de edad, el tiene una pulpería que administra con su esposa, también vende fritanga para generar mas ingresos, cuando inicio lo hizo con ahorros y prestamos que Afodenic otorgo, reside en el barrio Sabana grande en la ciudad de Managua, su esposa le tiene dos hijos de 2 y 10 años de edad, este crédito lo quiere para comprar un freezer y sillas y mesas plásticas parar dar un servicio mejor a sus clientes. Sus planes es poder seguir invirtiendo en la venta de fritanga ya que se vende mucho y desea poder poner un comedor, a si como mejorar su vivienda y poder dar una buena educación a sus hijos.

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
  • 167
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 20.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Cesar Antonio to buy a freezer and plastic tables and chairs.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2009
Listed
Apr 23, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 16, 2010