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Denis Alberto
View original language description ↓
Mr. Denis G. is a 44-year-old married father of 3 underage children. His wife is a homemaker who looks after their children. Mr. G. has a business in Villa Flor, one of the oldest neighborhoods in Managua. He sells motor oil, and he also offers carwash services. Mr. G. started out with a small inventory, but it has slowly increased. With this expansion, he has been able to set up a carwash. Currently, his goods and services are in high demand, so Mr. G. needs to invest in his business, thus further expanding it.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.


El Señor Denis tiene 44 años de edad, casado y con tres pequeños menores de edad. Su esposa es ama de casa y es quien se encarga de cuidar a sus tres niños. El Sr. Denis tiene un negocio en el barrio Villa Flor, uno de los barrios más antiguos de Managua, él vende lubricantes para vehículos y tambiñen tiene un autolavado. Don Denis empezó su negocio con un pequeño inventario de estos productos, pero ha ido creciendo y con ese crecimiento tambien pudo poner el autolavado, actualmente el negocio está experimentando una mayor demanda de productos por lo que Don Denis necesita invertir más en su negocio, para así poder crecer más y hacer más grande tanto su negocio como su autolavado.

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
  • 111
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 18.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Denis Alberto purchase of motor oil.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 28, 2008
Listed
Jan 14, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 25, 2008