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Felipe Santiago
Felipe, 43 years old, is married. His family includes his wife and their three children; the oldest is 12 years old, another is 8 years old, and the youngest is 4 years old. They are all in school. His wife is in charge of caring for them, completing the household chores, and helping Felipe with some of the outdoor work. Felipe is a small farmer on his area of land.

He is requesting his second loan to buy a calf, with which he will have additional income from milk production. His greatest desire and goal is to increase his cattle herd so he can leave them with his children. This way, they will have secure jobs to work at so they can move forward and have the necessities in life.
View original language description ↓
Don Felipe de 43 años de edad es casado, su familia se compone por su esposa y sus 3 hijos, el mayor de 12 años, otro de 8 y el menor de 4 añitos todos estudian, su esposa está pendiente del cuido de ellos, con los quehaceres del hogar y apoya a su esposo en algunas labores del campo. Felipe es pequeño productor de la zona donde vive, Solicita su 2do crédito para compra de 1 vaca parida con la cual tendría ingresos adicionales por la producción de leche lo cual su mayor deseo y objetivo es poder aumentar su hato ganadero para poder dejarle a sus hijos el trabajo seguro con el que puedan trabajar para salir adelante y tener el pan de cada día.

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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,416,850
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $525 helped Felipe Santiago to buy a calf.
96% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 22, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014