Eduardo is 18 years old and is studying agricultural engineering. He counts on his parents' support to pay for school. In order to stay up to date with the advancements in his field, he is requesting the loan to purchase a computer, a tool that he will also use for his university studies. His parents have limited economic ability, and they cannot cover this cost in just one payment. This is why he is requesting a loan.
Eduardo tiene la edad de 18 años está cursando la carrera de Ing. Agrícola, cuenta con el apoyo de sus padres para la mensualidad de la universidad, para actualizarse constantemente en los avances de su carrera el solicita el crédito para poder comprar una computadora, herramienta que también utilizara para realizar los tareas universitarias, sus padres son de escasos recursos económicos y no pueden cubrir este bien de un solo gasto, es por eso que acude a solicitar este financiamiento.
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.