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Donald
Don Donald is 38 years old; he is a father to three children. With his wife, they sell clothing and cosmetics. Before he used to be a security guard for many years but was very tired and that is why he quit. With a part of his severance pay he invested in his wife’s business, selling clothing, and both of them manage it. They hope to have more profits so that they can improve their home. He has already replastered his walls and put ceramics in the living room. What he wants now is to put ceramics on the porch so it will be easier to clean and it will be more convenient for his family. His plan is to travel to other departments to increase his sales since in the northern part of the country sales are good, which will allow him to increase his inventory and expand his business.
View original language description ↓
Don Donald de edad de 38 años, es padre de familia de tres hijos, junto con su esposa se dedican al comercio de venta de ropa y cosméticos, anteriormente trabajaba en seguridad, en donde trabajo por muchos años, lo que le resulta ya muy cansado es por eso renuncia. Con parte de su liquidación invierte más en el negocio de su esposa que es la venta de ropa, que ambos administran, con el propósito de obtener ganancias que ayuden a mejorar la construcción de su casa. Pues ya repello las paredes, puso cerámica en la sala. Lo que desea ahora es poner cerámica en la parte del porche para una mejor limpieza, como tener una mejor comodidad para su familia. Sus planes es viajar a los departamentos para aumentar las ventas, ya que al norte del país el comercio es bueno. Lo que le permitirá aumentar su inventario y crecimiento en su negocio.


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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Donald to buy ceramics to put on his porch.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2010
Listed
Apr 21, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011