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Rafael first went to Afodenic so that he could become a borrower for Kiva loans because he needed to buy cattle to increase his herd and sell cows at a higher price so he can have a more substantial income. In this way, he strives and fights everyday to give his family the best. He family is comprised of his wife, himself, and their 3 children, although their children are now grown-up and have their own families. But his family helps him on the farm which is the workplace and source of income for them all. Through much sacrifice, Rafael has improved his land which he inherited from his father. Thanks to his own efforts, he has increased his land little by little with the profits from selling milk, root vegetables, and livestock. This is how he earns his daily bread and offers his family the best.
View original language description ↓
Don Rafael se remite por primera vez a Afodenic para ser beneficiado con Financiamientos de Kiva por lo que el necesita comprar Ganado para aumentar su hato ganadero y cuando lo venda a un precio mayor obtener ingresos sustanciosos; de esta forma él se esfuerza y lucha cada día para darles lo mejor a su familia compuesta de su esposa él y sus tres hijos, ya sus hijos son mayores de edad y tienen sus propias familia formada, pero la ayuda en las actividades de su finca que es la unidad de Trabajo y potencial fuente de ingresos para ellos. Don Rafael con mucho sacrificio ha mejorado su Parcela que es herencia de su padre y esfuerzo propios ya que le ha ido aumentando poco a poco con la ganancia obtenida de la venta de leche, tubérculos, y Semoviente de esta manera el se gana el pan de cada día y brinda lo mejor a su familia.

Additional Information


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
  • $24,551,600
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $975 helped Rafael to buy cattle.
68% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 5, 2014
Jun 30, 2014
Currency Exchange Loss: