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Julio Alberto
Sr. Julio Alberto A. and his wife live in the neighborhood of La Francia. His wife takes care of the household activities. All of their children are grown. Julio has been engaged in agriculture for 25 years and started in this trade with the help and support of his parents. One of the limitations he has had to deal with over the years is the scarce availability of funding available to farmers in Nicaragua. He will greatly benefit from this loan request and will use the funds to purchase supplies and fertilizers for his crops. This will help him speed up the sale of his harvest so that he can recoup his investment.
View original language description ↓
El señor Julio Alberto A., es casado y con su esposa y vive en el barrio la Francia su esposa se dedica a las actividades domésticas, ellos son mayores de edad y se dedican desde hace 25 años a la agricultura e iniciaron su actividad en este rubro gracias al apoyo de sus padres, dentro de las limitantes que se les ha presentado a lo largo de los años ha sido la poca financiacion que tiene esta actividad en Nicaragua, para esto el solicita se le beneficie con este credito para la compra de insumos y fertilizantes para la cosecha, esto ayudara a la rapida venta de la producción, generandole a corto tiempo la recuperanción y las utilidades de lo invertido.

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
  • 98
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,825
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Julio Alberto purchase supplies & fertilizers for his crops.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 25, 2010
Listed
Jan 27, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010