In the future, they hope to be able to finish constructing a ditch, because each winter all their houses are flooded. They have dedicated 29 years to farming and the main problem they have encountered over all these years is the rising price of products. This raises greatly the cost of farm production and, for that reason, Santos has solicited a loan to better maintain this year's production.
All this hard work is aimed at achieving an objective, which is to achieve the legalization of their lands. They have overcome much by being a very united and responsible family.
About AFODENICThis 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.
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