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Elfego Bismark
Mr Elfego Bismarck Villalobos Reynosa is 44 years old and lives in the neighbourhood of Buenos Aires, located in the municipality of Ticuantepe. He lives with his wife who works to help him with the costs of living. They have two children who study and help them with agricultural work in their spare time. For the last four years Elfego has dedicated himself to agriculture, which he began with the support of his parents. The greatest difficulty has been the lack of financing, so his future plan is to diversify his crops. With this loan he will buy fertilizers and supplies to obtain better results. He gives thanks to Afodenic for financing this loan which will allow him to continue improving his cultivation.
View original language description ↓
El señor Elfego Bismarck Villalobos Reynosa , tiene la edad de 44 años , habita en el barrio Buenos Aires , ubicado en el municipio de Ticuantepe junto a su esposa la cual trabaja para apoyarle con los gastos del hogar ellos tiene dos hijos , los cuales estudian y le apoyan con las actividades agrícolas en tiempos libres, don Elfego desde hace cuatros años se dedica a la agricultura la mayor dificultad que se le presenta es la falta de financiamiento , el inicio esta actividad con el apoyo de sus padres , los planes futuros hacia su cultivo es diversificarlo . Con el préstamo va a comprar fertilizantes e insumos y poder obtener mejores resultados. Dando las gracias Afodenic por financiamiento de poder seguir mejorando su cultivo.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Elfego Bismark purchase fertilizers and improve cultivation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 19, 2009
Listed
Sep 2, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010