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Mario
Mario is 57 years old. He is a very active man who, along with his wife and children, has struggled to get ahead. He is a farmer, and he sells milk. He has a parcel of land in the Los Laureles Colonia which provides him with income to cover his family expenses. He has worked as a farmer since he was a child. His father taught him the trade he now practices. He is requesting his second loan from AFODENIC to invest by purchasing female calves so that when they give birth he can have better income and therefore be able to improve his quality of life. His dream is to increase his herd of livestock and to stay healthy.
View original language description ↓
Don Mario de 57 años de edad, es un señor muy activo que junto a su esposa e hijos han luchado para salir adelante, se dedica a los trabajos agricolas, y comercializa leche, tiene una parcela en la Colonia Los laureles de donde obtiene sus ingresos para los gastos familiares, desde niño se ha dedicado a esta labor lo cual le enseño su papá y ahora él la pone en practicas. Solicita su 2do. credito a Afodenic para invertirlo en compra de Vaquillas de vientre para que estas cuando paran les generen mayores ingresos y por ende poder mejorar sus condiciones de vida, Sueña con incrementar su hato ganadero y mantenerse con salud.

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
  • 168
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,500 helped Mario to purchase female calves.
69% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 20, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible