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Margarito Antonio
Mr. Margarito Antonio C. is 49 years old and lives with his wife, who helps him with the household expenses. They live in the La Borgoña neighborhood of Ticuatepe and have three children who are all married. He helps support one of his daughters who is an 18-year-old single mother. Mr. Margarito would like to help improve his family’s living conditions.

Mr. Margarito has been working in agriculture for 31 years. He got into this business through his own efforts. In Mr. Margarito's opinion, the pests that invade his crops because there is not enough fertilizer, is the most difficult part of farming. In the future he plans to diversify his crops.

With this loan, he will buy fertilizer and supplies so he can have a good yield and therefore get better prices in the market. He thanks Afodenic for supporting him with a loan that’s affordable. This has been very helpful for his family since they have been able to maintain their crops.
View original language description ↓
El señor Margarito Antonio C. , tiene la edad de 49 años , habita en el barrio La Borgoña , ubicado en el municipio de Ticuantepe , junto a su esposa la cual le apoya con los gastos del hogar , ellos tiene tres hijos , ya todos casado , pero el le apoya a una hija de 18 que es madre soltera , los planes hacia su familia es mejorar las condiciones de vida , desde hace 31 años don Margarito trabaja en la a agricultura , la mayor dificultad que se le presenta son las plagas que invaden el cultivo por falta de fertilizantes ,el inicio esta actividad con esfuerzos propios , los planes hacia un futuro en su cultivo es poder diversificarlo . Con el financiamiento va a compara fertilizantes e insumos, para tener una buena producción y mejor venta en el mercado. Da las gracias Afodenic por el apoyo con los crédito con a plazos accesible, esto ha sido de mucho beneficio para su familia ya que han podido mantener el cultivo.

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

  • $4,800
    Average annual income
  • 109
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Margarito Antonio comprar insumos y fertilizantes para mejorar el cultivo.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 12, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2011