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Cesar Agusto
Cesar Agusto L., 58, lives in the Laureles Sur neighborhood. He is single, but he has five children. They are 19, 14, 11, 8, and 4. The oldest is finishing high school and has aspirations to start a university career. They others are in elementary school and high school.

He has been selling clothes for 30 years. Like all businesses, it has its high and low moments. Sometimes, due to economic instabilities, he has had problems making his payment on time. He hopes that we will understand, and he is asking for a new loan to help him rebuild his house. That way he will provide his children with greater security because they live in a very dangerous area. He will also provide them with more comforts in a homey atmosphere that contributes to the well being of all.
View original language description ↓
El señor Cesar Agusto L. tiene 58 años de edad y vive en el barrio Laureles Sur es soltero pero tiene 5 hijos entre las edades de 19, 14, 11, 8, 4 años de edad, el mayor está terminando la escuela secundaria y tiene aspiraciones para comenzar su carrera universitaria, los demás estudian la primaria y la secundaria respectivamente, él se dedica a la venta de ropa, desde hace 30 años, como toda empresa tiene sus momentos altos y bajos y aveces por estas inestabilidades economicas, es que ha tenido problemas para pagar su cuota en tiempo y forma, pero espera comprensión de parte nuestra y solicita un nuevo prestamo que le ayude a reconstruir su casa y asi brindarle mayor seguridad a sus hijos debido a que habitan en una zona muy peligrosa, asi mismo ofrecerles mejores ocmodidades en un ambiente hogereño que aporte al buen vivir de todos.

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
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Cesar Agusto build the front of his house.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 7, 2010
Listed
Jan 11, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011