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Santos Alberto
Santos is from a farming family and began this activity when he was very young. With a lot of effort he has been able to raise seven children who are now adults and live independently. At 66 years of age he continues working hard and this is his 14th loan. He is in need of farm supplies to maintain his cactus fruit crop, and plans to buy urea, fertilizer and insecticides for crop improvement. His wife is a homemaker who keeps things running smoothly at home.

The main obstacle he has run into has been lack of financing, but thankfully that is being taken care of now with a Kiva loan through Afodenic. In the future he would like to plant a variety of fruit.
View original language description ↓
El señor Santos de familia agricultora, dio inicio desde muy joven esta actividad con el que con mucho esfuerzo saco adelante a sus 7 hijos quienes ahora son mayores de edad ninguno dependen de él, a sus 66 años de edad sigue trabajando arduamente, este es su crédito número 14 que solicita porque lo requiere para la adquisición de insumos agropecuarios para darle manejo agronómico a su cultivo de una manzana de pitahaya, para dicho objetivo comprara urea, abono e insecticidas y así mejorar su cultivo, su esposa es ama de casa se encarga de darle el buen funcionamiento y orden del hogar, su principal obstáculo que ha tenido fue la falta de financiamiento, pero gracias a dios eso fue solo una barrera que ahora está solucionado gracias al apoyo crediticio que brinda Afodenic por medio de fondos Kiva, en sus planes futuros esta el sembrar más variedad de frutas.

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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,275 helped Santos Alberto to buy urea, fertilizer and insecticides.
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 29, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Expired:
Dec 1, 2012