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Carlos Adolfo

Carlos is 58 years old and he lives in a neighbourhood within the capital city of Managua called Riguero. His wife has given him two children, aged 21 and 25 years of age, and they are both working. Carlos sells clothing and plastic products and he has been doing so for the past 5 years. He started out when he was layed off from the work he had before. With the loan he is requesting he will invest in the purchase of clothing for ladies and gentlemen, especially because he has many orders already placed. He wants to take advantage of the clientele that comes with the season. In the future he hopes to set up a tailoring shop and increase his sales.

View original language description ↓
El Sr. Carlos tiene 58 años de edad, habita en un barrio de la capital de Managua que se llama Riguero, su esposa le tiene dos hijos de 21 y 25 años de edad, que trabajan, don Carlos vende ropa y productos de plásticos, desde haces cinco años, el inicio con la liquidación de un trabajo que tenia anterior, con la solicitud de préstamo es para invertir en ropa de damas y caballero ya que los pedidos son mucho y desea aprovechar a sus clientes como la temporada. A futuro es poner un taller de costura y incrementar las ventas.

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.

About Nicaragua

  • $4,800
    Average annual income
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 19.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Carlos Adolfo to purchase ladies' and gentlemens' clothing.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 12, 2008
Listed
Oct 29, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009