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Moises Melquisedec
Moisés, being a young, 27 year old entrepreneur, has his own small business. He has been repairing, renting, and performing maintenance on photocopy equipment for one year.

This young man is requesting his first loan to buy two more photocopier machines and raw material like toner. He wants this for leasing and to continue winning over more clientele for his small business. The business has been generating income to help his wife and son, who is still little.

However, he is starting to prepare now for when his son starts school so that he will lack for nothing and be able to complete a professional career. His biggest wish is to see his business grow and to help the rest of his family.
View original language description ↓
Moisés, siendo un joven emprendedor de 27 años posee su propia microempresa de reparación, alquiler y mantenimiento de equipos de fotocopiadoras desde hace un año. El joven solicita su primer crédito para comprar dos equipos más de fotocopiadoras y materia prima como toner, para arrendamiento y seguir ganando mas clientela para su microempresa que le ha venido generando ingresos, para ayudar a su esposa e hijo quien todavía esta pequeño, pero se está preparando desde ya para cuando empiece a estudiar no le falte nada y pueda terminar una carrera profesional, su mayor deseo es ver su negocio crecer y ayudar al resto de 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
  • 130
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,475 helped Moises Melquisedec to buy photocopy equipment and raw material like toner.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Expired:
Nov 30, 2012