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Douglas Antonio
Douglas is married. His wife is a merchant and his children are in school. He is a carpenter by trade and with the help of his family today he has his own carpentry shop. He started out as an apprentice but today he has great expertise in making beautiful furniture and other wooden sideboards. With his loan he will purchase wood and he will change his worn out tools for new ones. He will also purchase bands, varnish, wood glue, reed material, and a variety of other materials. This will help him increase the number of products he makes and the income he earns. He is thankful to the financial organization for the support in the development of his small business.
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Douglas casado su esposa comerciante, sus hijos estudian, tiene de profesión carpintero y con el apoyo de su familia hoy en día tiene su propio taller de carpintería, inició como aprendiz ahora tiene una gran trayectoria en el ramos de elaboración de hermosos muebles y otros aparadores de maderas. Con el préstamo comprara maderas, sustituir las herramientas gastadas por nuevas, ligas, barni, pega de madera, junco entre tejidos y otros diversos materiales. Agrandando la cantidad de productos, obteniendo ganancias. Agradece a la financiera por el apoyo al desarrollo de su micro empresa.

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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $23,818,050
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Douglas Antonio to purchase wood for his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2011
Listed
May 25, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011