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Erik Enmanuel
Erick Enmanuel H. F. is a young man who is 24 years old, lives in the neighborhood of Francia No. 2 located in the municipality of Ticuantepe, with his wife who works and helps him with the household expenses. They have a son who is one year old. His plans for his family are to finish building their home. For 10 years he has been working in agriculture due to his parents living through difficulties with pests because they cannot apply pesticides in time due to lack of income. Erick began this activity with the support of his parents and his plans for the future are to diversify his crops. With the loan he will buy fertilizer and other inputs and be able to apply them to the crops and get good production and sell at a better price in the market. He thanks the institution for the funding because it enables him to further improve his crops which is his source of employment and livelihood for his family.
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El joven Erick Enmanuel Hernández F., tiene la edad de 24 años, habita en el barrio la Francia N0 2, ubicado en el municipio de Ticuantepe, junto a su esposa la cual trabaja y le apoya con los gastos del hogar, ellos tienen un hijo de un año de edad, los planes hacia su familia es terminar de construir su vivienda, desde hace 10 años se dedica a la actividad agrícola, debido ya que sus padres han subsistido de las siembras, las dificultades que se le dan son las plagas que debido a la falta de insecticida que no aplica en su debido momento que por falta de ingresos. Don Erick 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 aplicar al cultivo y obtener una buena producción y vender a mejor precio en el mercado. Da las gracias a la institución por el financiamiento ya que hace posible seguir mejorando sus cultivos el cual es su fuente de trabajo y subsistencia de su familia.

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
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $23,451,300
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Erik Enmanuel to buy fertilizer and pesticide to apply to crops to increase yield.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 12, 2009
Listed
Sep 11, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011