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Maria De Jesus
Maria de Jesús, together with her husband, dedicates herself to the agricultural activity of planting rice. Generally, they establish 5 months of rice annually. This allows her to help out the family which is comprised of one minor child and her husband Arnulfo Estrada who manages the crop on a daily basis. Through their partnership, she is accessing a project to build a rice thresher where the members will contribute 30% of the cost for the endeavor. In the La Peña community, where the members live, there is one of these intallations being built. Mrs. R. maintains the possibility of participating in this project and becoming a member of the thresher, for which she hopes that the requested loan is financed.
View original language description ↓
La Sra. Maria de Jesus junto a su marido se dedican a la actividad agricola de la siembra de arroz, generalmente establecen 5 Mzs de arroz de secano anualmente, lo que les permite economicamente asistir a su familia compuesta por 1 hijo menor de edad y su marido Arnulfo Estrada, quien se dedica al manejo de cultivo diariamente; a traves de su cooperativa esta accesando al proyecto de construccion de 1 trillo arrocero, donde los socios aportaran el 30% del costo del mismo. En la comunidad de La Peña, zona donde habitan los socios se estra construyendo estas instalaciones. La Sra. R. mantiene su posibilidad de accesar al proyecto y ser socia de este trillo, para lo cual espera que se le financie el credito solicitado.

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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Maria De Jesus to contribute 30% of the cost to build a rice thresher in La Peña.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 13, 2008
Listed
Nov 25, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010