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Erick David
Erick, 38, lives in the Sierra Maestra barrio, is married and has a young daughter who attends elementary school.
His wife works as a janitor in a store at the Metrocentro shopping mall to contribute to the family's income.

Erick has a food stand where he sells traditional fried food. He started twelve years ago selling soup on Sundays, and from there his food sales business took off.

The loan he is requesting will be invested in improvements for the stand, and in purchasing additional ingredients to offer his customers his delicious dishes and maintain variety in his menu.
View original language description ↓
Don Erick tiene 38 años de edad, habita en el barrio Sierra Maestra, es casado y tiene una niña menor que está estudiando en la primaria, su esposa trabaja en una tienda en el Centro Comercial Metrocentro se desempeña como encargada de limpieza de esa forma apoya a su familia para salir adelante. Don Erick vende fritanga desde doce años se ha dedicado a las venta de comida, el comenzó los días domingo vendiendo sopa y luego se proyectó a la venta de comida lo cual le ha resultado. Con el dinero que está solicitando es para invertir en las mejoras del local así como invertir también en la materia prima del negocio para ofrecer a sus clientes sus ricos platos y poder mantener la variedad de alimentos.

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

  • $3,636
    Average annual income
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $23,505,525
    Funds lent in using Kiva
  • 19.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Erick David improving food stand and purchasing ingredients.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 7, 2008
Listed
Sep 23, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009