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Santos Marcos
Santos Marcos is 39, and married to Mrs. Miriam Gonzalez Vargas. They live together with their parents and brothers and sisters in the Boca Azul region of the Muelle de los Bueyes town. The family helps him with the farming. When Santos was 14, he started as a small producer, and he has been able to improve his quality of life.

He is asking AFODENIC for financing with a 7 month loan to buy young beef cows. He will fatten them up and sell them at a good price to succeed in getting better income to support his family, and to continue trying to overcome the economic crisis that we are currently facing.
His biggest dream is to be able to increase his herd of cattle to obtain more income, since that is the family’s patrimony.
View original language description ↓
Santos Marcos de 39 años de edad, es casado con la Sra. Miriam Gonzalez Vargas, habitan junto a sus padres y sus hermanos en la Comarca Boca Azul del municipio de Muelle de los Bueyes, quienes le ayudan en la actividad agropecuaria. Santos desde la edad de 14 años empezo su vida como pequeño productor y ha logrado mejorar su estilo de vida. Esta solicitando a AFODENIC financiamiento de su 7mo credito para la compra de terneros de desarrollo, con el objetivo de engordarlos y poderlos vender en buen precio y lograr obtener mejores ganancias que le permita el sustento familiar e ir tratando de superar la crisis economica que estamos afrentando. Su mayor sueño es lograr incrementar su hato ganadero para obtener mejores ganancias, pues es el patrimonio de su familia.

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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $23,624,275
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Santos Marcos to buy young cattle to fatten up.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 13, 2010
Listed
Feb 16, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011