Check out some available loans that are similar to this one!
Saddy Adolfo
Saddy Adolfo M. P., age 23, lives in the community of Juan Ramón Padilla with his wife, who works as a domestic in order to help him with the household expenses. His plan for his family is to be able to build a house since currently they live with his father-in-law who offers them a room while they work on their building project.

For five years, this young man has worked as a farmer. With the help of his father-in-law he succeeded in establishing a banana grove. He is thankful to Afodenic for approving his loan since he is going to invest all the funds in raw materials required for the plantation and, at the same time, give it the upkeep experts recommend for a good crop.
View original language description ↓
El joven Saddy Adolfo M. P., tiene la edad de 23 años, habita el reparto Juan Ramón Padilla, junto a su esposa la cual trabaja como domestica para apoyarlo con los gastos del hogar, los planes hacia su familia es poder construir su casa ya que actualmente habitan donde su suegro que le brindo un cuarto mientras realizan sus proyectos de vivienda, el joven desde hace cinco años trabaja como agricultor , con el apoyo de su suegro logro establecer una manzana de plátano, agradece a Afodenic por la aprobación de su préstamo ya que todo el fondo va invertir en los insumos que requiere la plantación y a vez darle el mantenimiento que recomienda el técnico para la buena cosecha .

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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $23,441,425
    Funds lent in using Kiva
  • 20.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Saddy Adolfo to purchase fertilizer.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 30, 2009
Listed
Oct 22, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010