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Rosa Maria
Sra. Rosa Maria B. A., 34, lives in the San Ignacio area. She lives with her life partner and they have 2 young children, both in elementary school. Sra. Rosa and her partner have operated a farming busness for 9 years, during which they have faced down a volcano! They started the farm with help from her father and it is now the main source of income for the family. However, the gases from the volcano have damaged their fields and lowered their crop yields. Sra. Rosa is applying for a loan to buy fertilizers, pesticides and other supplies so that she can increase her output and, in turn, improve her family's quality of life. For the future, she wants to buy more land and increase the amount of crops she can grow. Her ultimate goal is to support her children's schooling.
View original language description ↓
La señora Rosa Maria B. A. tiene la edad de 34 años, vive en el barrio San Ignacio, habita acompañada de su pareja de vida, tienen 2 hijos menores de edad que se dedican a estudiar la escuela de primaria, ellos son agricultores desde hace mas de 9 años, años en los cuales uno de los principales problemas a los que se han enfrentado ha sido la afectación de los gases emitidos por el volcán que afectan la producción de sus cosechas, fue gracias al apoyo de su papa que logro iniciarse en esta actividad que ha sido el sustento económico de la familia, a futuro espera adquirir un terreno más amplio para multiplicar sus siembras, ella solicita una préstamo para la compra de fertilizantes, insumos, e insecticidas que favorezcan las ventas y las condiciones de su familia para óptimos recursos con el objetivo de solventar el gasto económico de los estudios de sus hijos.

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
  • 176
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Rosa Maria soil treatment plan for farming business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 15, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011