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Santos Roberto
Mr. Santos Roberto Busto is 45 years old and lives with his wife, who helps him with the household expenses, in the San Juan neighborhood. They have three children. One is 22 years old and already married and one is a 19-year-old student who helps with the farm work. They also have a 12 year old who is a student. Mr. Santos would like to improve his family’s living conditions.

Mr. Santos has worked in agriculture for 33 years and finds pests and lack of money to be the hardest parts. He got into this business by his own efforts. In the future, he plans to diversify his crops. With the loan money, he will buy fertilizer and supplies so he can get a good harvest and sell at a better price.
View original language description ↓
El señor Santos Roberto Busto, tiene la edad de 45 años, habita en el barrio San Juan, junto a su esposa, la cual le apoya con los gastos del hogar, ellos tienen tres hijos uno de 22 años ya es casado, el de 19 estudia y le apoya con los trabajos agrícolas y una adolescente de doce años que estudia, los planes hacia su familia es mejorar las condiciones de la vivienda , desde hace 33 años don Roberto se dedica a los trabajos agrícolas , la mayor dificultad que se le presenta es la falta de financiamiento y las plagas que le afectan al cultivo , el inicio esta actividad por si solo , los planes hacia un futuro es poder diversificar su cultivo . Con el financiamiento obtenido va a comprar fertilizantes e insumos para poder sacar una buena producción y vender a un mejor precio.

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
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Santos Roberto comprar insumos y fertilizantes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 12, 2009
Listed
Jun 15, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010