Check out some available loans that are similar to this one!
Juan Antonio
Juan Antonio is 39 years old. He owns a small grocery store which he runs with the help of his wife. He is the father of three children who are in school.

Juan Antonio is seeking this loan to invest in the purchase of products for his business. He is currently lacking the merchandise that his customers need. It is painful for him to tell his customers that he is out of merchandise when they are confident that they will find everything that they need in one place. For this reason, he decided to make this investment with the help of the loan, which will help him to improve his income.
View original language description ↓
Juan Antonio es un joven de 39 años de edad, es comerciante de pulpería que atiende con el apoyo de su esposa, es padre de tres hijos en edad escolar. Juan Antonio solicita este crédito para invertir en productos para su negocio, ya que actualmente carece de mercaderías de la necesidad de sus compradores, lo cual es penoso decir no hay cuando el cliente tiene toda la confianza de encontrar lo que busca en un solo punto, es por eso que el decide hacer esta inversión con el apoyo de financiamiento, lo que le ayudara a mejorar sus ingresos.

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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 130
    View loans »
    Nicaragua Loans Fundraising
  • $24,054,525
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Juan Antonio purchase perishable goods like: meats, fruit, vegetables, eggs, and basic grains.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2014
Listed
Mar 3, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014