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Karla Patricia
Sra. Karla Patricia C. R., 29, lives in Las Pilas Orientales, a rural area of Ticuantepe. She and her husband have 2 young children, the older of whom is in elementary school. They have operated a farming business for 10 years, a business that they started with help from her father-in-law. They are applying for a loan to buy fertilizers, fungicides and pesticides to implement a soil treatment plan, a project that will improve their yields and, in turn, their sales. In the future, the extra income will allow them to buy a truck so that they can move their crop to market more quickly. The investment will contribute to their efforts to improve their business and their quality of life.
View original language description ↓
La señora Karla Patricia C. R., es una joven casada de 29 años de edad habitante de las Pilas Orientales un barrio rural del municipio de Ticuantepe, ellos tienen 2 hijos menores de edad, el mayorcito se dedica a estudiar la escuela primaria, ellos son agricultores desde hace mas de 10 años, fue gracias al apoyo de su esposo y su suegro que ellos comenzaron a laborar en esta actividad, ellos solicitan un préstamo para la compra de fertilizantes, fungicidas, e insecticidas, que permitan un mantenimiento fitosanitario que mejore la producción aumente los volúmenes de venta y les permita la adquisición a futuro de una camioneta que transporte las cosechas para su rápida distribución venta, recuperación de la inversión y las utilidades que mejoren continuamente sus niveles de vida a todos los miembros de su familia.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Karla Patricia soil treatment plan for farming business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 15, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011