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View original language description ↓
Mr. Horacio B. is a 41-year-old photographer who lives in the 28 de Marzo district of Managua. Because of the penchant for photography that he has had since childhood, he decided to start his photographic business, which is his family’s source of income. His 18-year-old daughter has also developed this same affinity, so she currently helps him shoot pictures. Mr. B. also offers video services. He is requesting this loan in order to start the construction of a photographic studio, thus broadening his business.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.

Don Horacio tiene 41 años de edad y es fotógrafo, vive en el barrio 28 de Marzo en Managua. Don Horacio debido a una afición de pequeño decidió introducirse en el negocio de la fotografía el cual es el ingreso de su familia. Su hija de 18 años también ha desarrollado esta afición y actualmente le ayuda en la toma de las fotos. También ofrece grabación de video. Necesita el crédito para empezar a construir su estudio fotográfico y establecerse más ampliamente en este negocio.

Additional Information


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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 18.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Horacio construction of photographic studio.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jan 28, 2008
Jan 14, 2008
Currency Exchange Loss:
Sep 13, 2008