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Erasmo Francisco
Erasmo Francisco Manzanares A., 59, lives with his wife in the Caralampio neighborhood. She works to help with the household expenses. They have seven children. The 24 and 23 year olds help with the farm work. The children who are 20, 17, 13, 11, and 10 go to school. The plan for the family is to improve the condition of the roof since it leaks a lot when it rains.

For 25 years Erasmo has been a farmer. He started this work by means of the agrarian reform. His future plan for his crops is to be able to do work that conserves the soil.

He will use the loan to buy fertilizers and manure to apply to his crops, achieve good production, and sell at a better price in the market. He thanks Afodenic for their support.
View original language description ↓
El señor Erasmo Francisco Manzanares A., tiene la edad de 59 años, habita en el barrio San Caralampio, junto a su esposa, la cual trabaja para apoyarle con los gastos del hogar, ellos tienen siete hijos, el de 24 y 23 años le apoyan con los trabajos agrícolas y el de 20, 17, 13, 11,10 años .Estudian, los planes hacia su familia es mejorar las condiciones del techo ya que en tiempos de lluvia filtra mucho el agua. Don Erasmo desde hace veinte cinco años se dedica a la agricultura, el inicio esta actividad por medio de la reforma agraria, los planes hacia un futuro en sus cultivos es poder establecer obras de conservación de suelo. Con el financiamiento obtenido va a comprar fertilizantes e insumos para aplicar al cultivo y lograr una buena producción y vender a mejor precio en el mercado, da las gracias Afodenic por el apoyo que esta

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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,396,400
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Erasmo Francisco buy manure and fetrtilizer to apply to his crops.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 12, 2009
Listed
Jun 16, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010