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Dionisio
Dionisio is a hard working man responsible for his family. He’s been a farmer for the last 25 years. He’s married. His adult children are independent and the minors work alongside their father to obtain a better future.

Potable water is not available where he lives so this is one of his short term projects. He has faced difficulties, like the gases from the volcano that affect the growth cycles of his crops.

He started out with help from his father who was also a farmer. His future for the business is to improve the farm by doing some soil and water conservation as well as planting living fencing.

Thanks to the support from the financial institution through the loans he has been making gradual progress. This loan he’s asking for will be used to buy farming supplies and seed that he needs to diversify his crops and obtain profits.
View original language description ↓
Dionisio hombre trabajador y responsable con su familia. Agricultor desde hace 25 años, casado, sus hijos los mayores ya independiente y los menores trabajan de la mano con sus padre para obtener un mejor futuro. En la zona donde viven no llega el agua potable siendo unos de sus planes a un corto plazo. Se le ha presentado dificultades como es los gases del volcán que le afecta con el ciclo de crecimiento de la cosecha. Inicio con el apoyo de su padre que también se dedicaba a la agricultura. Futuro para su negocio es mejorar la finca hacer trabajo de conservación de suelo y agua así como siembra de cercas vivas. Gracias al apoyo de la financiera por medio de los prestamos él cliente ha ido progresando poco a poco. El préstamo que esta solicitado lograra comprar insumos de materiales vegetativos y semillas que se requieren para diversificar su cultivos y obtener ganancia.

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
  • 167
    View loans »
    Nicaragua Loans Fundraising
  • $23,231,900
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Dionisio to buy farming supplies and seed.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 17, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012