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Freddy Bayardo
Mr. Freddy Bayardo A. R. is 38 years old and married. His wife works as an office worker. They haven't got any children and live in the Juan Ramón Padilla Housing community. For the past five years, he has been selling fruit as his main source of income. In the past few months, he has noticed a rise in the price of fruit, which has made it difficult for him to purchase more merchandise. This is the reason why he is applying for a loan, so that he can buy a larger inventory of fruit, which would then increase his sales due to the high demand that occurs during the summer months. With the warmer climate, his clients tend to purchase more fruit and he wants to be able and ready to take full advantage of this tendency. The help that he is asking for would help him in reaching this objective and thus adding to the socio-economic stability of his family.
View original language description ↓
El señor Freddy Bayardo A. R., tiene la edad de 38 años, es casado y su esposa trabaja como oficinista, no tienen hijos, y habitan en el Reparto Juan Ramón Padilla, son vendedores de frutas, desde hace 5 años siendo esta su principal fuente de ingresos.

En los últimos meses ha observado una alza en los precios de las frutas, esto ha obstaculizado la compra de más mercaderia, razón por la cual ellos solicitan un préstamo para la compra de un mayor inventario de frutas, que les aumente la oferta debido a que la demanda se mantiene en los meses de verano y desean aprovechar el clima, que motiva a la compra de frutas en la clientela, el apoyo que se le brinde, les ayudara a ambicionar en proyectos que favorezcan a la estabilidad económico-social de la familia.

Additional Information


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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 21.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Freddy Bayardo purchase a larger inventory of fruit.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 16, 2010
Apr 24, 2010
Currency Exchange Loss:
Jul 15, 2011