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Marcos Antonio
Mr. Marcos Antonio F. P. is 38 years old and lives in the neighborhood of Santa Rosa, located in the town of Ticuantepe, with his wife, who works and helps him with the household activities. They have four children, all of whom are students. Their plans for the future are to improve their lives. For 10 years, Mr. Marcos has been a cabinet-maker. The biggest difficulty that he has faced is a lack of financing. He began this activity through his own effort. In the future, he plans to increase the workspace in his workshop. With this loan, he is going to buy construction materials and work tools, so that he will be able to meet the demand of his clients. He thanks Afodenic for the support that they gave him by means of two loans and payments that allowed him to improve his business.
View original language description ↓
El señor Marcos Antonio F. P., tiene la edad de 38 años, habita en el barrio Santa Rosa, ubicado en el municipio de Ticuantepe, junto a su esposa, la cual trabaja y le apoya con las actividades del hogar, ellos tienen a su cargo cuatro hijos, todos estudiantes, los planes hacia un futuro es mejorar las condiciones de vida, don Marcos desde hace 10 años se dedica a los trabajos de ebanista, la mayor dificultad que se le presenta es la falta de financiamiento , el inicio esta actividad con sus propios esfuerzos , los planes hacia un futuro para su taller es poder ampliar el área donde laboran. Con el préstamo va a comprar materiales de construcción y herramientas para trabajar y poder cumplir con la demanda de sus clientes. Da las gracias Afodenic por el apoyo que le da mediante dos créditos y plazos para hacer la mejoras para su negocio.

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
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Marcos Antonio to buy wood and tools to make his products.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 19, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010