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Agustín
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Agustín is a gentleman who works as a technician at a gasoline station in the town of Ticuantepe, where he is from. Agustín lives with his wife and 4 children for whom he must provide and also educate.

He has two manzanas (a unit of measurement for land equal to 1.68 acres) of land on which he cultivates pineapple. He has been working in agriculture for 8 years. While looking for better opportunities for his family, he decided to look for another job, since pineapples can’t be harvested every month of the year, and he needs to feed his family. For this reason, Agustín gets up very early every morning so that he can dedicate some time to his pineapples.

He needs the loan so that he can buy organic fertilizers to use on his land. That way, the pineapples will show the expected results and be of the best quality, so that he can earn enough to continue getting by, just like he always has.

Translated from Spanish by Jennifer Day, Kiva Volunteer.

Don Agustín es un señor que trabaja como técnico en una bomba de una gasolinera del municipio de Ticuantepe, de donde es originario. Don Agustín vive con su señora y con 4 hijos, a los cuales tiene que darles educación y el sustento diario.

Tiene 2 manzanas de tierra, en las cuales cosecha piña, tiene 8 años de experiencia en la agricultura. En busca de mejores oportunidades para su familia, decidió buscar un empleo, ya la cosecha de piña no se da todo los meses del año, y necesita alimentar a su familia. Es por eso que donAgustín se levanta muy temprano en las mañanas para poder dedicarle tiempo a sus piñas.

El motivo del préstamo es para adquirir abonos orgánicos para regarlos en sus tierras, y así las piñas al momento de la cosecha puedan rendir los resultados esperados y sean de la mejor calidad para poder obtener suficientes ganancias para seguir saliendo adelnate como siempre lo ha hecho.

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

  • $4,800
    Average annual income
  • 109
    View loans »
    Nicaragua Loans Fundraising
  • $24,829,275
    Funds lent in using Kiva
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Agustín to buy organic fertilizer to use on his pineapples so that he can acheive improved production.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 26, 2008
Listed
Jul 10, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010