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Alex Antonio
Alex, 37, has two daughters; one of them is 7 years old, and the other is just 7 months old. His wife is a housewife who cares for the children. He has a business selling women's shoes that is located in the municipality of Peñas Blancas, a short distance from the capital city of Managua.

He makes his purchases in the department of Masaya. Each time he travels he stays with relatives to save on hotel expenses. He started his business with savings from his previous construction job. He is now requesting a loan to buy a variety of shoes and sandals for women and girls so that he can continue to sell, since his business is going very well. In this way, he can help his family and provide his daughters with a good education.
View original language description ↓
El joven Alex de la edad de 37 años, tiene dos hijas una de siete años y la segundo de apenas siete meses de nacida, su esposa es ama de casa y cuida a los niños, el se dedica al negocio de venta de calzado solo para damas ubicada en Peñas Blancas municipio un poco lejano a la capital de Managua, cada vez que viaja se hospeda donde unos familiares para economizar los gastos de hotel, sus compras las realiza en el departamento de Masaya, oficio que dio inicio con los ahorros de su trabajo anterior como ayudante de albañil, ahora solicita crédito para comprar variedad de zapatos, sandalias de damas y niñas para seguir vendiendo ahora que le va muy bien en su negocio de esa manera ayudar a su familia y brindarles una buena educación a sus hijas.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Alex Antonio to buy shoes and sandals to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013