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Pedro Pablo
Don Pedro is 46 years old, married and the father of two children who are 17- and 18-year-old students. His wife is a seamstress and nowadays Pedro has his own business, a route in a small minibus that acts as a school bus.

Initially, he worked in agriculture on his parents' land. Years later he began to work as a private chauffeur. Then, he inherited from his father a part of the land which he sold and bought the minibus and that, up to today, has been his means to help his family get ahead, although now his earnings are less because of the cost of fuel.

He has acquired this loan from Afodenic with the purpose of maintaining his vehicle by buying four tires in order for it to continue working in good condition and in good service. He is happy for this since he didn’t have all of the capital for this purchase and he will pay in affordable installments.
View original language description ↓
Don Pedro tiene la edad de 46 años, casado, padre de dos hijos de 17 y 18 años de edad, estudiantes, su esposa es costurera y hoy en día Pedro tiene su propio negocio, un recorrido en mini microbús que trabaja como transporte escolar
Al inicio trabajo en la agricultura, tierras de sus padres, años más tarde comienza a trabajar de chofer privado, luego su papa le heredo parte de tierras lo que vendió y compro el microbús, y que hasta hoy ah sido su medio para salir adelante con su familia. Aunque ahora sus ganancias son menos por el costo del combustible.
Ha adquirido este préstamo, en Afodenic con el propósito de dar mantenimiento a su vehículo, en comprar 4 llantas, para seguir trabajando en condiciones buenas y buen servicio. El cual está contento ya que no tenía todo el capital para esta compra y que pagara en plazos accesible.

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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Pedro Pablo to buy four tires in order to continue providing a good service in school transportation.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Aug 5, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013