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Juan Leonardo
Mr. Juan Leonardo V. has been working as a farmer for more than 40 years, thanks to the support of his parents-in-law, who gave him a vacant piece of land to work and use to support his family. The biggest difficulty facing Juan is that the pineapple crop is attacked by pests as he lacks fertilizers and the materials necessary to combat such an epidemic. He wants to buy the necessary products to achieve a good harvest and sell at the best price, in order to be able to make a down payment on completing the necessary construction on his house. Juan lives in a poor neighborhood in his town with his family and their eight independent children. Juan's dream is to be able to purchase a truck to take his product to the market, as now he has to pay for this service, subtracting from his earnings.
View original language description ↓
El señor Juan Leonardo V. , es un hombre agricultor desde hace mas de 40 años , gracias al apoyo que obtuvo de sus suegros que le brindaron un predio baldío para que lo trabaje y pueda apoyar a su familia , la mayor dificultad que se le presenta que, El cultivo de piña es atacada por plagas ya que carecen de fertilizantes e insumos necesarios para combatir dicha epidemia , el quiere comprar los insumos necesario para sacar una buena producción y vender a un mejor precio para poder pagar el desembolso e invertir en casa de habitación que todavía le hace falta construir , don Juan habita en un barrio pobre del municipio de su familia junto a su esposa y ocho hijos todos independientes , los sueños de don Juan es poder comprar un camión pequeño para trasladar el producto al mercado ya que tiene que pagar y eso le merma la ganancia .

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
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Juan Leonardo purchase fertilizers and pesticides to protect his harvest.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 21, 2009
Listed
Nov 28, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010