Check out some available loans that are similar to this one!
Gustavo Antonio
Gustavo works as a chef. Thanks to his experience he has managed to keep his clients, always with the help of his wife in food sales, a business that he has in his own home. He put the table in the corridor, giving it a picnic ambience. His children are married.

Well, for him it has been a great challenge. When he began he did it with his own money from severance pay. Later with earnings and loans he increased his sales a bit more, offering a better variety of meals through a loan he received through Afodenic, and he has paid attention to agreements, providing his family with more opportunities.

With this new loan he will invest in 100 pounds of rice, beans, sugar, a can of oil, Coca-Cola products, meat, chicken, fish, vegetables, fruit and a 100 pound gas tank. Striking a good balance, increasing sales by preparing more food.
View original language description ↓
Don Gustavo, es hombre trabajador de oficio cocinero chef, que gracia a la experiencia, ha logrado mantener a sus clientes, siempre contando con el apoyo de su esposa en las venta de comida, negocio que tiene en su propia casa, y que pone las mesa en su corredor, dando un ambiente bien campestre. Sus hijos casados.
Pues para él ha sido un gran reto, ya que cuando comenzo, lo hizo con dinero propio de su liquidación, luego con ganancias y financiamiento, pudo aumentar un poco mas sus ventas, ofreciendo una mejor variedad de platillos al adquirir un crédito el cual otorgo Afodenic, y que ha venido trabajando a plazos, dando más oportunidad a su familia.
Con este nuevo préstamo invertirá en un quintal de arroz, frijoles, azúcar, bidón de aceite, producto de la coca cola, carne, pollo, pescado, verduras, frutas y un tanque de gas de 100 libras. Logrando mantenerse en equilibrio, aumentar la venta, al hacer más cantidad de comida.



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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,753,075
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Gustavo Antonio to buy basic grains, meat, chicken and other items in order to increase his sales and his variety of meals.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2012
Listed
Sep 2, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013