Mr. R. is a small-scale farmer who has dedicated himself to cultivating rice since he was young. He now has more experience in this productive arena, and participates in the COPACSELES cooperative. He is soliciting financing to contribute his 30% share toward the construction of a rice thresher. This would provide a means by which he can benefit 100% from his crop, and maintain his association in the collective.
El Sr. R. es pequeño productor agropecuario dedicado al cultivo de arroz desde muy joven, ahora cuenta con mayor experienciaen este rubro productivo, participa como socio de la cooperativa COPACSELES y solicita financiamiento para dar su aporte al 30% de contraparte y hace alcanzar una de sus mejores metas como es poder disponer de un medio de trabajo que le permita aprovechar sus cosechas en un 100% y mantener su asociatividad colectiva.
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.