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Modesto Arcadio
Modesto, 39, is married and lives in Comarca La Tigra. He works on his land doing agricultural and animal husbandry work. They are very important and the main source of income to support his family. He grows corn, beans and tubers and with his income is able to insure his food supply; he also has a small herd of livestock that helps him improve his quality of life.

He needs this loan to plant 1.5 manzanas [Central American unit of land measurement] of manioc. He will prepare the soil and buy the necessary fertilizer for this project which will allow him to increase his production of tubers in order to increase profitability for his family’s common good. He hopes to be benefited in order to carry out this project.

His references are excellent since he stands out for being a dynamic, responsible, kind and above all focused on his daily chores. He does all his work aiming at improving every day and giving his family the best.
View original language description ↓
Don Modesto de 39 años de edad, casado, habita en la Comarca la Tigra, trabaja en su unidad de produccion en la que realiza ectividades agricolas y pecuarias, las cuales son de suma importancia y su principal fuente de ingreso para la sostenibilidad de su familia, realiza cultivo de maiz, frijoles y teberculos con sus ingreso a la vez asegura la dieta alimenticia, tambien cuenta con su pequeño inventario ganadero el cual le sirve para el fortalecimiento en mejorar su calidad de vida.
Nesecita este financiamiento para realizar establecimiento de 1.5 mzs del cultivo de yuca, asi como la preparacion del suelo y compra de Fertilizantes necesarios para esta obra, actividad que le permitira incrementar su produccion de tuberculos, de manera que pueda elevar la rentabilidad para el bien comun de su familia, espera ser beneficiado para llevar a cabo dicho proyecto.

Las referencias de este Señor son excelentes, ya que se caracteriza por ser una persona dinamica, responsable, amable y sobre todo concentrado en sus quehaceres diario, él realiza sos labores con el animo de mejorar cada dia y darle lo mejor a su familia.

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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,768,325
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Modesto Arcadio to buy farm supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 30, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013