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Rosario
Rosario is 48 years old and married. He works in farming making dairy products and has livestock, additionally he is a cattle dealer. He is applying for a 5th refinancing loan with the goal of establishing improved pasture on his farm and to increase cattle and milk production.

Don Rosario is known in his community as a hard worker, who is responsible and well behaved. He hopes to benefit from the loan in order to improve his income and thus his living conditions and those of his family.
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Rosario de 48 años de edad es casado, se dedica a la actividad agropecuaria comercializando productos lactéos y semovientes y ademas es comerciante de ganado. Solicita un refinancia 5to crédito con el objetivo de establecer pasto mejorado, en su finca y poder incrementar la produccion de ganado y producción de leche. Don Rosario en su comunidad es conocido como un hombre trabajador, responsable y con buena conducta crediticia, oespera ser beneficiado con el credito para asi mejorar sus ingresos y por tanto sus condiciones de vida y la de su familia.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $23,820,300
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Rosario to plant grass for a pasture.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 15, 2011
Listed
Jul 18, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012