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Luis Alfonso
Luis is a businessman who is a mechanic by profession. With effort, he was able to establish his own business. He has more than eight years of experience selling new and used vehicle parts.


Luis utilized his loans to buy more products to offer so that he could keep prices affordable for his customers. By selling goods at a cheaper price, he has been able to generate more sales. It was with the help from AFODENIC that he was able to achieve this goal.


As a father, Luis is pleased that today he can provide his family a little bit of stability. His three children are studying so that they can have a better future.


Luis plans to buy front and rear car doors, various types of brakes, and front and rear bumpers. He has many products in his inventory and he hopes that it keeps growing.

View original language description ↓
Luis es un hombre de negocio, de profesión mecánico, que con esfuerzo, logro poner su propio negocio con más de ocho años de experiencia en las ventas de piezas de vehículos usados como nuevas.
Atreves de los préstamos compra más productos de oferta, el cual da a precios accesibles a sus clientes. Lo que le ha generado mayores ventas al vender más barato. Gracias Afodenic ha logrado el objetivo.
Hoy en día como padre esta satisfecho por poder dar a su familia un poco de estabilidad. Sus tres hijos estudian para un porvenir mejor.
Las piezas a comprar: puertas delantera y trasera de carros, stop variado, bomber trasero y delantero. Teniendo en existencia mucho productos. Y que espera seguir aumentando

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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,552,350
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Luis Alfonso to purchase a variety of new and used vehicle parts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2011
Listed
May 10, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011