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Jose Miguel
José Miguel is a young, single man, who lives with his father and siblings. From a very young age he has worked with his father raising cattle and farming. They farm basic grains, roots and tubers. They also sell dairy products starting the production chain in Naciones Unidas and finishing all the way in Managua. This activity takes place once a week and it provides additional income to improve their quality of life.

He is asking for his third loan to buy calves to raise until they reach a good weight to sell at a price that will generate good profits to improve the family's quality of life.

José Miguel is a hard-working man who stands out as a leader in his community; he has good personal references and religious principles. He hopes in the future to increase the size of his cattle herd.
View original language description ↓
José Miguel, es un joven soltero que habita con su papá y sus hermanos, desde muy pequeño ha trabajado con su papá en las actividades del ganado y la agricultura, estableciendo cultivos de granos básico, raices y tuberculos, también realiza la comercian de productos lácteos, manteniedo la cadena de compra de la colonia de Naciones Unidas hasta Managua, esta actividad la realiza cada ocho dias donde recibe ingresos adicionales que le ayudan a mejorar sus condiciones de vida. Esta solicitando su 3er credito para invertirlo en la compra de terneros para cuidarlos y desarrollarlos hasta que obtengan un buen peso y comercializarlos para obtener ganancias que le permitan mejorar el nivel de vida familiar. Jose Miguel es un hombre trabajor, descandose por su diciplina en la comundad como lider, tiene buena referencia personal, principios religiosos, espera para el futuro aumentar su inventario ganadero.

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
  • 171
    View loans »
    Nicaragua Loans Fundraising
  • $23,210,200
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jose Miguel to buy a calf.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 26, 2010
Listed
Mar 4, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011