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Alejandro
Alejandro has a small business with over eleven years experience selling chicken and beef, which he does from his home. He is a father of three children. Both he and his wife take care of his family; his wife works in domestic services, managing to cover medicine and basic expenses.

Don Alejandro liked business, accordingly he started with little and with the support of his parents, he now has his own capital. He achieved this through profits from his sales, and from the financing that Afodenic has given him in two lending cycles. This gives him great satisfaction, and allows him to produce more meat, and better sales.

With this new loan he will buy a cow and a pig to sell their meat. His future plans are to buy more pigs, which he hopes to have more profits to purchase.
View original language description ↓
Alejandro pequeño comerciante, con mas de once años, en las ventas, de pollo y carne de res, el cual lo hace en su casa de habitacion. Padre de tres hijos, ambos cuidan de su familia, su esposa labora en servicios domesticos, logrando cubrir medicina y gastos basicos.
Don Alejandro le ha gustado el comercio, por tal razon inicio con poco y con el apoyo de sus padres, hoy en dia cuenta con su propio capital, el cual lo ha logrado con ganancia de las ventas y financiamiento que Afodenic ha dado en dos ciclos, lo que para el es de gran sastifaccion, al producir mas carne, mejores ventas.
Con este nuevo prestamo comprara una vaca y un cerdo para la venta de carne. Sus planes a futuro es la compra de mas cerdo, lo que espera tener mas utilidades para dicha compra.

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
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,100
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Alejandro to buy a cow and a pig to continue growing his meat selling business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2011
Listed
Jul 6, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012