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Teresa De Jesús
Mrs Teresa de Jesús C., age 38, lives in San Ignacio with her children and husband. Her husband works as a welder. They have 4 grown children who help with the household costs with their monthly earnings. They have been farmers for over 22 years. One of the main problems that affect the business is shortages of potable water which is not supplied to her zone. They hope in the near future to purchase a tank of water to store up for the days when this vital liquid is not supplied. For now they are requesting a loan which will allow them to purchase fertilizers, pesticides and organic fertilizers which are better for planting and produce a better harvest. This investment in the future will improve their family's economic condition and permit them to explore new sources of income.
View original language description ↓
La señora Teresa de Jesús C., tiene 38 años de edad vive en San Ignacio, acompañada de sus hijos y su esposo. Él señor labora como soldador tienen 4 hijos mayores de edad que apoyan a los gastos del hogar con sus ingresos mensuales, ellos son agricultores desde hace mas de 22 años.xzx

Uno de los principales problemas que afectan al negocio es la escases de agua potable que no abastece a su zona, ellos esperan a futuro próximo comprar un tanque de agua con el fin de almacenar para los días en donde no les suministren el vital liquido y convivan sin problema, por ahora solicita un préstamo que les permita la compra de fertilizantes, pesticidas y abonos orgánicos que favorezcan a la siembra y se produzca una mejor cosecha, esta inversión a futuro favorecerá la economía de la familia y les permitirá incursionar a nuevas fuentes de trabajo.

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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,397,050
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Teresa De Jesús the purchase of fertilizers, pesticides and organic fertlizers which are better for planting.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 7, 2010
Listed
Aug 2, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012