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Francisco Jose
Francisco José L. is 36 years old, and lives in the Pantasma neighborhood near the commercial center of the capital, Managua. His wife helps him with his shoemaking business. They have three children, all of them in primary school. Francisco has been in the shoemaking business for 15 years, and in that time has provided thousands of Nicaraguans with shoes. He learned how to make shoes as a boy growing up in Camuapa, Nicaragua. He would like to use this loan to purchase inventory such as leather, shoe soles, nylon, glue, and other supplies for shoemaking. Francisco is grateful to the lending institution for helping him to produce more shoes so he can improve his sales.
View original language description ↓
Don Francisco José L. tiene la edad de 36 años, reside en el barrio Pantasma entrada centro comercial en la capital de Managua, su esposa le ayuda a trabajar en la fabricación de elaborar zapatos, le tiene tres hijos que cursa la primaria, su negocio es la elaboración de zapatos tiene quince años de calzar a miles de Nicaragüenses, el aprendió desde joven hacer zapatos en el departamento de Camuapa chontales, con este crédito quiere comprar inventario como: cuero, zuelas, nylon, pega, y otros productos para su elaboración. Da las gracias a la institución por el apoyo para producir más y poder obtener mejores ventas.

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
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,737,400
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Francisco Jose purchasing leather, shoe soles, and nylon.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2009
Listed
Jul 18, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009