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Luis Alfonso
Mr. Luis Alfonso C. has made a living as a farmer for 27 years. The greatest challenge that has been presented to him during this time is that of economic resources, to be able to provide better maintenance to his cultivation of pineapples, since they are lacking the necessary supplies and the fruit ends up very small. If in time he manages to implement the necessary fertilizers and supplies, he will be able to yield quality products. This would benefit him because it would be easier to sell large pineapples at a better price, thereby increasing his earnings. Also, he would pay off his loan on time and improve the quality of life for his family. Luis lives with his wife in the neighborhood La Borgona, located in the municipality of Ticuantepe. She works as a merchant to support him with the basic domestic expenses, such as water and electricity. They have four older children, all of whom live with them and work with Luis in agriculture. He thanks this institution for the confidence and security that it provides farmers, so they can turn out their products in better conditions and be better paid.
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Don Luís Alfonso C. ,es un hombre dedicado a los trabajos de campos desde hace 27 años , la mayor afectación que se le presenta durante este tiempo son los recursos económicos , para poder darle un mejor mantenimiento a sus cultivo de piña ; ya que estos carecen de insumos y la fruta queda muy pequeña , si el logra inducir en tiempo y forma todo los fertilizantes e insumos necesarios logrará sacar un producción de calidad , esto le beneficia por lo que da mas facilidad al vender la piña grande a mejor precio, lo cual obtendrá y mejores ganancias, y pagaría en tiempo de pago su crédito mejora las condiciones de vida para su familia . Don Luís habita en el barrio La Borgoña , ubicado en el municipio de Ticuantepe , junto a su esposa la cual trabaja como comerciante para apoyarle con los gastos del hogar en los gastos básico de agua, luz , ellos tiene cuatro hijos mayores de edad, todos habitan con él. Y trabajan con el en los trabajos agrícolas . Agradece a la institución por la confianza y seguridad que le brinda a los agricultores para que saquen su producción en mejores condiciones y sean mejor pagadas.

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
  • $23,505,525
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Luis Alfonso to purchase fertilizers to combat plagues and obtain better fruit.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 28, 2009
Listed
Dec 3, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2011