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Bladimir Velasquez
Bladimir is a responsible head of his family who worries about the well-being of his children. Together with his wife, he works at a grocery store located in his home.

He is requesting this loan to invest in the business by purchasing more products that will interest his customers. Bladimir hopes to continue growing his business little by little. He wants to open a butcher shop to increase his sales and guarantee a better future for his children.
View original language description ↓
Bladimir es un padre de familia responsable que se preocupa por el bienestar de sus hijos, junto a su esposa se dedica a trabajar en su pulpería ubicada en su casa de habitación, solicita este crédito para invertir en el negocio con mas productos del interés de su clientela, Bladimir espera ir creciendo poco a poco y poner una carnicería para incrementar así las ventas de esta manera garantizar a sus hijos un futuro mejor.

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

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 25.4
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,200 helped Bladimir Velasquez to purchase soda, basic grains, meat, chicken, vegetables, cereal, and canned goods.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2014
Listed
Apr 15, 2014
Currency Exchange Loss:
Possible
Expired:
May 15, 2014