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Esteban Vicente
Esteban is a fifty-year-old man with a beautiful family, including his wife and two children. He has a small hauling business; he has his own truck which he uses daily to offer his service.

He's been in business for a few years, and what's hard is that price of gas goes up every day, leaving him with little profit. His wife helps him out, having invested in a grocery store which offsets their expenses.

Esteban wants to use his loan buy some flooring and the supplies to install it in his house since what he has is in very bad repair and he wants the make the improvement to have better living conditions. His plans for the future include being able to invest more in the grocery store, which is a secure source of income.
View original language description ↓
Esteban es un hombre de 50 años de edad, con una hermosa familia, su esposa y dos hijos. Es un pequeño comerciante de acarreo, pues tiene su propio camión en donde día a día sale a ofrecer su servicio.
Lleva varios años en este negocio. Lo difícil es que el combustible cada día sube de precio lo que queda poca ganancia. Su esposa lo ayuda ya que invirtió en una pulpería en donde se equilibran los gastos.
Atreves del financiamiento que es lo accesible, quiere comprar el piso y los materiales a usar para poner en su casa ya que el que tiene esta muy quebrado y desea hacer esta mejora para poder estar en mejores condiciones. Como planes a futuro es poder seguir invirtiendo más en la pulpería siendo un ingreso seguro.

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
  • 83
    View loans »
    Nicaragua Loans Fundraising
  • $25,420,300
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Esteban Vicente to buy bricks for his living room, so he can make improvements to his house.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 7, 2010
Oct 14, 2010
Currency Exchange Loss:
Mar 15, 2012