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Rigoberto José
View original language description ↓
Rigoberto López is 28 years old. He is a entrepreneur that owns a small, home-based convenience store that sells basic products. He is single and has two young daughters, ages 7 and 4. The convenience store is run by his mother and it has been owned for 5 years. His future plans include converting the convenience store into a small market and remodeling his house in order to turn it into a place where he could live with dignity. The loan requested will be used to purchase basic grains and cleaning products since he has small amounts of them left.

Translated from Spanish by Bertolt Cantalice, Kiva Volunteer



Rigoberto López es un joven de 28 años, es un pequeño comerciante que tiene una pulpería en su casa de habitación, en la cual vende productos básicos. Es soltero, tiene 2 pequeñas niñas de 7 y 4 años de edad. La pulpería de Rigoberto es administrada por su madre, tiene 5 años de tenerla, y sus planes futuros es llegar a convertirla en una miscelanea, al mismo tiempo que desea remodelar su casa para llegar a tener una casa digna. El préstamo lo requiere para comprar granos básicos y productos de limpieza ya que actualemnte cuenta con poca existencia de estos productos.

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
  • 163
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Rigoberto José purchase basic grains and cleaning products.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 10, 2008
Listed
May 21, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009