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Juan Santiago
Juan lives in the town of Ticuantepe; he lives there with his wife, a retailer who sells fruits and vegetables to help him paying for their family’s expenses. They have two daughters who are still economically depending on them. In the future he wants to improve the living condition of his house. With much effort they pay for the education of their daughters so that they can get ahead in life and succeed in becoming professionals despite of their economic difficulties, as they are humble farmers surviving thanks to pineapple growing. Juan has been engaged in growing pineapple for various years, and the biggest problem he has to face is the theft of his products: for this reason he has to keep watch day and night in the lands where he plants pineapple. The loan he is requesting will be used to buy fertilizers and supplies he needs for his production.
View original language description ↓
El señor Juan, es habitante del municipio de Ticuantepe, junto a su esposa la cual trabaja como comerciante de frutas y verduras para apoyarlo con los gastos del hogar, ellos tienen dos hijas a su cargo todavía , los planes hacia un futuro es mejorar las condiciones del hogar , ya que con mucho esfuerzos le dan estudios a sus dos hijas para que salgan adelante y logren realizar una carrera a pesar de sus limitaciones económicas ; ya que ellos son humildes agricultores que sobreviven de siembras de piña , Don Juan desde hace varios años se dedica al cultivo de piña la mayor afectación que se le presenta es el robo del producto lo cual se está viendo obligado a permanecer día y noche en las tierras donde están las plantas de piña. El préstamo lo necesita para comprar fertilizantes e insumos necesarios para aplicar a la producción .

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
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 23.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Juan Santiago to buy fertilizers and supplies.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 21, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013