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Antonio
Antonio has been a hardworking, enterprising man ever since he noticed the significant economic challenges his family has gone through. He is 54 years old and lives in the Muelle de los Bueyes municipality. He dreams of having his own pig farm and doubling his current offering in the next few years. He also wishes to teach his children, who still are in school and know how important it is, to develop this profitable activity. Antonio asks for this loan to buy 7 pigs, which he will fatten for 4 months, giving them a balanced diet that includes corn that he grows on his own farm as part of the agricultural activities that he has developed for a number of years as a way to survive.
View original language description ↓
Don Antonio es un hombre muy trabajador y emprendedor desde que percibió los grandes problemas económicos que atravesaba su familia, tiene 54 años de edad y habita en el municipio de Muelle de los Bueyes. Él anhela tener su propia granja productora de cerdos y aumentar al doble de la actual oferta en los próximos años, también desea enseñarles a sus hijos 3 hijos quienes un estudian y saben cuán importante es desarrollar esta rentable actividad. Antonio solicita el crédito para comprar 7 cerdos, los cuales engordará durante 4 meses, proporcionándoles una alimentación balanceada que incluye maíz que el mismo lo produce en su finca como parte de las actividades agrícolas que por varios años ha desarrollado como una manera de subsistencia.

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.

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About Nicaragua

  • $4,800
    Average annual income
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,574,825
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Antonio to buy 7 pigs, which he will fatten for 4 months to make them marketable.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 3, 2014
Listed
May 14, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015