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Patricio Porfirio
The young Porfirio García is 23 years old and has a kiosk, where he sells a variety of products. He is also a painting guide, which he began with his father. His wife is a housewife, and they have two children. He works very hard to be able to give his family a better life. They work together to provide the best service to their clients. With this loan, he will buy basic grains, meats, vegetables, sweets and other things to make food. His plans are to improve his home, and he feels satisfied because he will be able to invest more in his business. He hopes he will attract new clients and more earnings. He is thankful to Afodenic for the financing and for the opportunity that they have given her.
View original language description ↓
El joven Porfirio García de 23 años de edad, tiene un kiosco en donde vende variedad de productos, también un enderezado de pintura, el cual comenzó con su papa. Su esposa es ama casa y le tiene dos hijos el cual el se esfuerza mucho para poder dar a su familia una mejor vida. Junto trabajan el kiosco para dar un mejor servicio a sus clientes. Con este crédito comprara granos básicos, carnes, verduras, golosinas y otros para preparar los alimentos. Sus planes es mejorar su vivienda, se siente sastifecho ya que podrá invertir más en su negocio lo cual espera atraer clientela nuevo y mejores ganancias, da las gracias a la institución por el financiamiento y por la oportunidad que le han dado.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 20.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Patricio Porfirio to buy basic grains, meats, vegetables and sweets.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010