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.
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 .
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.