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Wilfredo Jose
Don Wilfredo is a taxi cab driver. He is the single father of a son, a student. He works in transport, he has his own taxi, and works different hours every day. He has some regular clients who travel to school which is a great benefit having this regular income.

Currently his vehicle in in bad condition, so he wants to buy parts to make it work, to give an excellent service. He will fix the play in the front wheels, change the spark plugs, oil, cables, and buy new tires for better security. The financial funding is done very rapidly through Afodenic, making this possible because he did not have all the funds needed to make improvements to his vehicle.
View original language description ↓
Don Wilfredo es transportista, soltero padre de un hijo estudiante, se dedica al transporte, tiene su propio taxi, en donde trabaja cada dia en diferentes horarios, tiene unos clientes fijos de recorrido escolares.lo que para el es de gran sastifacion estas entradas fijas.
Hoy en dia tiene en mal estado su vehiculo, lo que desea comprar las piezas y poder hacerlo trabajar, dando un servicio excelente. Reparara juego de direccion delantera, cambio de chispero, aceite, cable, asi como compra de llantas nuevas para mejor seguridad. Haciendolo mas rapido con el financiamiento que se le otorgara en Afodenic, siendo viable ya que no contaba con todo el capital para hacer estas mejora en su vehiculo.

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
  • 86
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,000 helped Wilfredo Jose to invest in buying spare parts for his taxi in order to continue providing good service.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jun 11, 2012
Currency Exchange Loss:
Possible
Expired:
Jul 11, 2012