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Miguel Angel
Miguel is a young student studying International Relations and External Commerce. He is in his last year and he is requesting a loan to pay for his final classes. Miguel is a hardworking young man and with his income, he will pay the loan. His dreams are to work in the republic’s state department or to work in a consulate outside of Nicaragua. He is inspired to be able to help his country and people in need, and above all, he is inspired by his mother, who has always supported him.
View original language description ↓
Miguel es un joven estudiante de la carrera de Relaciones Internacionales y Comercio Exterior, está en el último año, y está solicitando el crédito para pagar el curso de finalización de estudios. Miguel es un joven trabajador y con sus ingresos pagará el préstamo. Sus sueños son trabajar en la cancillería de la república o estar en un consulado fuera de Nicaragua. Le inspira el poder ayudar su país y a las personas necesitadas y sobre todo le inspira su mamá que siempre le ha apoyado.

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
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Miguel Angel to pay for his final classes for graduation.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2012
Listed
Feb 21, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 18, 2013