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Ernesto, 42, is married and has a 10-year-old daughter attending public school. His wife works for a public library. He sells bread from place to place every day going house to house rain or shine to sell his products. Even as an auto mechanics graduate he’s found it hard to get employment in auto repair shops because of his age and this has been his greatest difficulty in life: not having steady employment.

This is the first loan he’s requested to buy different kinds of bread like cheese, coconut and sweet bread, among others. His great dream is to have a place to bake bread in and to sell it there as well.
View original language description ↓
Don Ernesto, de cuarenta y dos años es casado tiene una hija de diez años quien estudia en un colegio publico su esposa trabaja para una biblioteca estatal, el vende pan de manera ambulante todos los días recorre las calles de casa en casa bajo el sol y lluvia para poder vender sus productos, aun con una licenciatura en mecánica automotriz le es difícil que le den trabajo en los talleres debido a su edad, este ha sido su mayor dificultad en la vida, el no tener un empleo fijo. Este primer credito lo solicita para comprar diferentes tipos de pan como de queso, coco, pan dulce, entre otros. Su gran sueño es tener un local donde hacer pan y vender ahí mismo.

Additional Information


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
  • 106
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 24.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Ernesto to buy different kinds of bread.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 19, 2013
Mar 6, 2013
Currency Exchange Loss:
Feb 17, 2014