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Luis Carlos
Luis Carlos lives in Juigalpa with his parents, on whom he is financially dependent as he does not yet work. His Mum is a housewife and his Dad is the one whose earnings cover the household expenses. Although his Dad has his own Doctor's surgery, the higher education course which his son (a good student) is applying for is too expensive. Luis Carlos holds a bachelor's degree in Industrial Engineering and, in order to continue his professional studies, he has to travel to Managua (137 kms from where he lives) to do a Postgraduate course. He hopes that the qualification in Quality Management and Innovation in business will enable him to use his expertise for the good of society and the well-being of his family.
View original language description ↓
Luis Carlos, habita en Juigalpa, en casa de Sus padres, él no trabaja aún, depende económicamente de ellos, pues la mamá es ama de Casa y su papá es el que aporta para los gastos del Hogar, él aunque tenga su propia Clínica como Medico que es, los estudios de su hijo a que aplica por ser buen alumno son demasiado costoso. Luis Carlos es egresado de la Carrera de ingeniería Industrial, y con el objetivo de continuar sus estudios profesionales tiene que viajar hasta Managua a una distancia de 137 Km del Lugar donde habita, para poder realizar un Post- Grado con Sistema de Gestión de Calidad Innovación en las Organizaciones, con esto pretende aportar sus conocimientos para el desarrollo de la Sociedad y el bienestar de su Familia.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,500 helped Luis Carlos to study for a postgraduate qualification.
84% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 28, 2013
Oct 29, 2013
Currency Exchange Loss: