Check out some available loans that are similar to this one!
Rafael Antonio
Rafael Antonio G. C. is 35 years old. He lives in the Juan Ramón Padilla division. He is married and has a 16 year-old son who is studying at high school. His business is a small grocery store which he has had for 3 years. His wife supports him in running the business. It has become the main source of income for the G. family. Amongst the difficulties which they have faced has been an unexpected illness which hit the whole family. It is for his general store that he is requesting this loan so that he can purchase a larger inventory of groceries, dairy products, sweets, sodas, etc. He hopes for better sales and new sources of income to improve the socio-economic development of his son because he will soon start university and they hope to be able to be in a position to support him in his professional studies.
View original language description ↓
El señor Rafael Antonio G. C., tiene la edad de 35 años, habita en el Reparto Juan Ramón Padilla es casado, ellos tienen un hijo de 16 años que se dedica a estudiar la escuela de secundaria, su negocio es una pulpería desde hace 3 años, su esposa le brinda su apoyo administrativo, el negocio que se ha convertido en la principal fuente de ingresos de la familia G., dentro de las dificultades que les han afectado ha sido una enfermedad inesperada que golpeo a toda la familia, es para su miscelánea que solicita un préstamo para la compra de un mayor inventario de Abarrotes, Lácteos, Golosinas, gaseosas, etc. Que favorezcan a mejores ventas y los recursos a nuevos fuentes de ingresos para el mejor desarrollo socio económico de su hijo sobretodo que pronto entrara a la universidad y esperan tener las condiciones para favorecerlo en sus estudios profesionales.

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

  • $4,800
    Average annual income
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rafael Antonio to buy a larger inventory of merchandise.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2010
Listed
Nov 7, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011