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Juan Carlos
Juan is a hardworking gentleman. He is single and his children are grown. His plans include improving his standard of living.


Juan is a craftsman who spends his time making display cabinets. He has experienced health problems, but he still has plans to establish a vending post at the market. Juan started his business with his own funds and has plans to move forward. This loan will be invested in raw materials such as sheets of glass, silicon, and other supplies. He hopes to generate better profits so that he can invest in improvements to the infrastructure of his business.


Juan is grateful for the financial support that has aided in the socio-economic development of his family.

View original language description ↓
Juan soltero, trabajador, sus hijos ya mayores, sus planes mejora su nivel de vida, artesano desde hace un tiempo elabora vitrina. Se ha presentado dificultades con la salud, sus proyecto es establecer un modulo en el mercado. Inicio con fondos propios y para con el objetivo de salir adelante. El Préstamo será invertido en la comprara materia prima como: laminas de vidrio, silicón, entre otros productos. Generándole mayores utilidades para invertir en las mejoras de la infraestructura del negocio. Agradece a la financiera por el apoyo al desarrollo socio económico 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

  • $4,800
    Average annual income
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,547,700
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Juan Carlos to buy glass, silicon, and other materials for making display cabinets.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2011
Listed
Aug 26, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012