Cristóbal is 27 years old and lives in the Waspan Sur barrio. He works as a sales executive for a bottling company. He is single, but he has a son whom he supports with his income. He currently is pursuing a civil engineering degree, which he is about to complete, and he is requesting the loan to pay the fees for his degree. His salary won't cover this big expense and he would otherwise have to save for it, which would be a setback for his professional development.
Cristóbal, de 27 años de edad habitante del barrio Waspan Sur, trabaja en una empresa embotelladora como ejecutivo de ventas, es soltero pero tiene un hijo a quien mantiene con sus ingresos, actualmente está cursando la carrera de Ingeniería Civil, lo cual está por culminar por lo que solicita apoyo de crédito para pagar el curso de titulación de su carrera, en vista de que con su salario no podría cubrir este gran gasto que de lo contrario tendría que ahorrar, lo que llevaría a atrasarse para su desarrollo profesional.
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.