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Miguel Angel
Don Miguel is a cobbler. He has been working in this field for many years. He creates and repairs orthopedic shoes. His biggest dream in life is to be able to make commercial shoes to sell and improve his income. Because of this, he doesn’t rule out any opportunity for the future.

Right now he is asking ro a loan to buy supplies and continue with his daily work to provide for his needs and those of his wife.
View original language description ↓
Don Miguel es zapatero, desde hace muchos años viene trabajando en esta profesión, repara y realiza zapatos ortopédicos, su mayor sueño en la vida es poder realizar zapatos comerciales para vender y mejorar sus ingresos, por el cual no descarta la oportunidad en un futuro, actualmente solicita el crédito para comprar materia prima y continuar con su labor diaria para mantener a sus necesidades y las de su esposa.

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
  • 162
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 25.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Miguel Angel to buy leather, glue, tacks, and oilcloth for orthopedic shoes.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2014
Listed
Apr 15, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014