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Rigoberto Antonio
Rigoberto is a small businessman with more than eight years of experience in sales. He started this business using the savings he accumulated from his regular job. His business is a general store where he also sells basic medicines to generate more income.

It was with the help of AFODENIC that he was able to increase the number of products that he offered to his customers. He hopes to continue increasing and growing for the good of his family.

Today Rigoberto is seeking a new loan to buy basic grains and pharmaceutical products such as menthol ointment, analgesic cream, acetaminophen, aspirin, alkaline tablets, anti-parasite pills, and other medicines that are in high demand. By selling a variety of items, he hopes to achieve better earnings.

View original language description ↓
Rigoberto pequeño comerciante, con más de ocho años en las ventas, negocio que inicio con ahorros de su trabajo en el exterior. Su negocio es una pulpería en donde también vende medicina general para obtener mejores ingresos.
Fue a través de Afodenic que aumento productos de mayor oferta a sus clientes lo que espera seguir aumentando y creciendo para un bienestar común de la familia.
Hoy con este nuevo préstamo comprara: granos básicos, y productos farmacéutico como: zepol, cofal fuerte, panadol, aspirina, alkadel, pastilla para parásitos entre otros medicamentos, que son de mayor demanda. Teniendo mejores ganancias al vender variedad.

Additional Information


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
  • 64
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Rigoberto Antonio to purchase basic grains and various medicines to sell in his store.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Apr 30, 2011
May 11, 2011
Currency Exchange Loss:
Apr 15, 2012