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Edwing Antonio
Edwin C., 36, lives in the Villa Reconciliación neighborhood in the capital city of Managua. He and his wife have three children; they are 6, 17, and 19 years old. The children go to school. His wife works as an elementary school teacher to help the household.

Edwin has a taxi. He uses it every day to travel the streets of Managua in order to support his family, even though he gets very tired from his travels looking for customers. He has worked as a driver for four years. Before that he worked for a private business. But, they cut back on personal, and with the liquidation he bought the taxi.

He will use the loan to invest in replacement parts and maintenance for his taxi to be able to give his customers good service.

He is grateful to the institution for the support of loans and terms because he will be able to make the improvements.

His goal is to be able to have another taxi to get better profits.
View original language description ↓
Don Edwin C. tiene 36 años de edad, reside en el barrio Villa Reconciliación en la capital de Managua, su esposa le tiene tres hijos de 6,17 y 19 años de edad, los cuales estudian y ella trabaja como docente de primaria para apoyar a su hogar. El señor Edwin es dueño de una unidad de Taxi el cual día a día recorre la ciudad de Managua, para obtener el sustento de su familia, aunque cansado por la trayectoria que hace buscando cliente. Tiene cuatro años de trabajar como cadete, anteriormente trabajaba en una empresa privad, pero al recortaron personal y con su liquidación compro el taxi. Con esta solicitud de crédito lo invertirá en repuestos y mantenimiento de la unidad de taxi para dar un buen servicio al usuarios. Da las gracias a la institución por el apoyo con sus préstamos a plazo ya que podrá realizar las mejoras. Su meta es poder tener otra taxi para obtener mejoras utilidades.

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
  • 111
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Edwing Antonio buy replacement parts and do maintenance on his vehicle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2009
Listed
Jul 17, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010