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Ludis Antonio
Sr. Ludis G. has a small farm in Masaya where he has grown yucca for the past fifteen years. In the future, he wants to plant other kinds of crops. His biggest challenge is the plant disease that destroys yucca. He will use this loan to buy the supplies he needs to fight the disease. The farm is his main source of income for supporting his family and educating his three children, so the loan is important to the welfare of all of them. He is grateful for Afodenic's support and trust. Kiva funds will help him make the investment he needs to improve the quality of his crop.
View original language description ↓
El señor Ludis Gutiérrez, es un pequeño agricultor de la zona de Masaya, desde hace quince años se dedica al cultivo de yuca, los planes futuros es poder diversificar el cultivo , la mayor afectación que se le presenta son las plagas que invaden las matas de yucas , el necesita un financiamiento para poder comprar insumos necesarios para combatir las malezas , ya que es el recurso económico con el que cuenta para poder subsistir con sus tres hijos los cuales estudian y apoyan con las actividades del hogar .Agradece el apoyo y la confianza que le brinda Afodenic atrávez de fondos Kiva para poder realizar la inversión y llegar a mejorar tanto el cultivo como productos de calidad .

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
  • $24,053,975
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Ludis Antonio buy supplies for his farming business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 31, 2011
Listed
Jun 11, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012