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Señor Noel lives in the neighborhood 3-80. He is married and is 42 years old. He has two children of 6 and 11 years of age. His wife has a small store in the home. Señor Noel is a cabdriver with seven years working in this business. The family started with a store that they still they have, but they decided to generate more income for the family. That is why Señor Noel entered in the business of taxis.

With the loan that he is requesting he hopes to be able to fix his means of work that currently has mechanical problems. Also he expects to be able to invest a little in the store. He hopes to be able to change his taxi quickly to be able to improve the service that he offers.

Translated from Spanish by B, Kiva Volunteer.

El Sr. Noel habita en el barrio 3-80, es casado y tiene 42 años de edad, tiene dos hijos de 6 y 11 años de edad, su esposa tiene una pequeña pulpería en el hogar. Don Noel es taxista lleva siete años trabajando en este negocio, la familia inició con una pulpería que aún conservan, pero decidieron generar más ingresos para la familia, es por eso que Don Noel ingresó en la profesión de Taxis.

Con el préstamo que está solicitando epera poder arreglar su medio de trabajo que presenta fallas mecánicas y también espera poder invertir un poco en la pulpería. Espera poder cambiar su unidad de taxi pronto para poder mejorar el servicio que ofrece.

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

  • $4,800
    Average annual income
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Noel to pay for mechanical repairs and improvements to his taxi.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 21, 2008
Jun 26, 2008
Currency Exchange Loss:
Aug 15, 2009