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Pedro Gilberto
Pedro Gilberto is 62 years old, and has an older son who helps him in the business. His son is with him almost all the time and Pedro attends to his business with a personal touch. He is from Colonia San Jose, in the municipality of Nueva Guinea. He has worked in his small neighborhood store for the past 20 years, as it is his main source of income to meet basic needs.

He needs this loan to stock his neighborhood store with products so that he can increase his chances of sales and increase earnings, which would allow him to improve his living conditions. He hopes to be a return lender with Kiva, who he thanks for this support which he truly needs; he is a responsible, humble, and creative person.

His biggest wish is that his son grows more within the business and becomes a great person, and that they do not lack anything.
View original language description ↓
Pedro Gilberto de 62 años de edad, tiene un hijo mayor de edad que le ayuda en el negocio y permanece con él casi todo el tiempo, este señor atiende su negocio de manera personal, habitante de colonia san Jose, en el Municipio de Nueva Guinea, desde hace 20 años labora en su pequeño negocio de Pulperia siendo su principal actividad economica para sastifacer sus necesidades.

Requiere este financiamiento para abastecer de productos su pulperia y asi poder imcrementar las oportunidades de venta y aumentar las ganancias permitiendole mejorar las condiciones de vida economicamente, espera ser beneficiado nuevamente con el fondo KIVA a quien agradece desde ya por este apoyo ya que realmente lo necesita; es una persona responsable, humilde y muy creativo.

Su mayor sueño es que su hijo crezca mucho mas en el Negocio y sean una gran parsona que nos les falte el pan de cada dia.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 21.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Pedro Gilberto to purchase goods for his neighborhood store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2010
Listed
Feb 1, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012