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Freddy Antonio
Freddy is a hard-working man who lives with his life partner and children. They are a humble family. Freddy is an entrepreneur who has a small bakery business. With a lot of effort and a desire to improve himself, he has found a way of earning a living. Freddy started his business with his own funds some time ago. His short-term plan is to continue increasing his production and profits.

Freddy needs this loan to buy raw materials. He will buy flour, yeast, sugar, butter, oil, butane gas and other materials for making his products.
View original language description ↓
Freddy hombre trabajador, vive con su pareja de vida e hijos, familia humilde. Emprendedores en el campo de la panadería teniendo su micro empresa. Con muchos esfuerzos y deseo de superar han encontrado la manera de obtener el sustento diario. Iniciaron con fondos propios desde hace un tiempo. Sus proyecciones a corto plazo es continuar incrementando su producción y utilidades. El préstamo será requerido para la compra de materia prima siendo utilizado para mejorar el bienestar financiero del cliente. Comprar harina, levadura, azúcar, manteca, aceite, gas butano, entre otros materias para la elaboración de su producto.

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
  • 161
    View loans »
    Nicaragua Loans Fundraising
  • $23,186,525
    Funds lent in using Kiva
  • 22.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Freddy Antonio to buy raw materials.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2011
Listed
Apr 25, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012