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Franklin
Franklin is married and has two children. He has two jobs. He’s a taxi driver and a barber. His barber shop is set up in part of his living room. Profits from the taxi made the shop possible. He got the idea for the shop because sometimes fares in the taxi aren’t all that good and the barber shop allows him to even out his expenses.

He has been in seven Afodenic cycles which have allowed him to service his car and make small home improvements. This loan will be used to buy equipment and supplies to provide better service in his barber shop.

He will buy the following: a barber chair for adults, a child’s barber chair, trimmers, a brush, gel, Gillette blades, talcum powder, cologne and others thereby modifying the attention he can provide. His long range plan is to build a structure to make the barber shop independent from the house. This is why he wants to get more customers and earn more.
View original language description ↓
Don Franklin es padre de familia de dos hijos, casado. Tiene dos trabajos hoy en día. Taxista y una barbería que puso en su casa y la tiene ubicada en una parte de la sala.
Esto lo logra a través de las ganancias del taxi. Y nace la idea para lograr ganar dinero ya que abeces las corridas están malas, y con su barbería logra equilibrar sus gastos.
Lleva siete ciclos en Afodenic en donde ha logrado dar mantenimiento a su vehículo, hacer pequeñas mejoras a su vivienda. Y con este préstamo lograra comprar equipos para seguir dando un mejor servicio en su barbería.
Comprara: una silla de barbería para adulto, una silla para niño, maquinas pequeña para pulir, cepillo, gelatina, guillet. Talco, colonia y otros. Logrando a si dar un giro diferente en atención. Tiene planes a largo plazo para hacer independiente el negocio una construcción. Es por eso desea captar clientes y ganar mejor.

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
  • 109
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Franklin he will buy supplies for his barber shop like: a barber chair for adults, a child’s barber chair, small hair trimmers, brush, gel, Gillette blades, talcum powder, cologne and others.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2010
Listed
Sep 6, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011