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Santos Demetrio
Mr. Santos Demetrio M. H. is 61 years old, lives in the San Ignacio neighborhood, located in the Ticuantepe community. He shares his home with his wife who helps with the household expenses. They have 6 children, all of whom are married and independent. His present goal is to improve his family's living conditions. For the past 41 years he has been involved in agriculture, an activity which he began with his own resources. His plans now are to diversify his crops. With this loan he intends to buy raw materials and fertilizers which he will use to improve production which he hopes to be able to sell at a better market price thereby obtaining greater earnings.
View original language description ↓
El señor Santos Demetrio M. Hernández, tiene la edad de 61 años, habita en el barrio San Ignacio, ubicado en la comunidad de Ticuantepe, junto a su esposa la cual le apoya con los gastos del hogar , ellos tiene seis hijos , ya todos casados e independientes , los planes hacia su familia es mejorar las condiciones de vida , don Santos desde hace 41 años , se dedica a la agricultura el inicio esta actividad agrícola con esfuerzos propios , los planes hacia su cultivo es diversificarlo . Con el préstamo va a comprar fertilizantes e insumos para aplicar al cultivo y poder lograr una mejor producción, lo cual espera vender a buen precio en el M. y obtener buenas ganancias.

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
  • 135
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Santos Demetrio to purchase raw materials and fertilizers to improve his crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 30, 2009
Listed
Jul 17, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010