Bismark, a young man, is married and has a daughter. He lives with his family in the crowded district of Juan Ramón Padilla, Ticuantepe municipality. His plan is to finish building his house in order to give his daughter a decent place to live.
Bismark sells shoes, an activity that has been fruitful for him and that has left him profits to invest in his house. With this loan he will buy a bale of used shoes to sell in different regions of the country. He appreciates the help that AFODENIC and Kiva have given him.
El joven Bismark, casado tiene una hija, habita en el populosa Reparto Juan Ramon Padilla del municipio de Ticuantepe junto a su familia. sus planes a futuro es poder terminar su casa y darle asi un hogar digno a su hija. el es comerciante de Zapatos negocio del cual a sacado provecho ya que con las ganancias que obtiene va invirtiendo en su casa. con este credito comprara paca de Zapatos de segunda par ir a vender a los departamneto del pais. Agradece el Apoyo que Afodenic y Fondos Kiva le han brindado.
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.