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Ludis Antonio
Ludis Antonio G. V., 30, lives with his life partner and their 5 minor children in Lomas de Gavilan, Ticuantepe. His children are all students and the family has farmed manioc for over 20 years now.

His future plans include building his house but cash flow problems have kept him from reaching this goal.

They are asking for funds to buy farm supplies that will allow for better care of their farmlands so that crop yields will be better. This will be favorable for them because it will produce capital to be used in future projects, including building their house.

This investment will greatly improve the family’s standard of living, especially for the youngsters because living conditions will be better and to the great satisfaction of the parents for being able to provide a more prosperous future.
View original language description ↓
El señor Ludis Antonio G. V., tiene la edad de 30 años vive con su compañera de vida y sus 5 hijos menores de edad en Lomas de Gavilan en Ticuantepe, sus hijos se dedican a los estudios, y la familia labora en los cultivos de la yuca desde hace ya más de 20 años.

Dentro de los planes a futuro está la edificación de su vivienda, que por problemas de fluidez monetaria no han podido llevar a cabo, ahora solicitan un préstamo para la compra de insumos vegetativos, materiales agrícolas, fertilizantes y fungicidas, que permitan un mejor mantenimiento de las tierras para una mejor cosecha, esto les favorecerá a futuro el capital necesario para nuevos proyecto, incluidos claro está la edificación de su hogar. Esta inversion farvoreceria a gran escala los niveles de vida de la familia, sobre todo a los menores ya que les permitiria mejores condiciones y la satisfaccion de los padres de poder ofrecerles un futuro ams prospero.

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
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,050,675
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Ludis Antonio to buy fertilizers, fungicides and other farm supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 28, 2010
Listed
May 13, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011