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Genaro Deciderio
Genaro Deciderio Velásquez is 46 years old. He lives in the El Rodeo neighborhood located in San Juan de la Concepción along with his wife, who helps out with the household expenses. They do not have any children to take care of as theirs are all adults and live in their own homes. Genero´s plans for his family are to improve financially so that he and his wife can have a better life. For the past 16 years he has worked as a farmer and the greatest difficulty has been lack of financing. He started growing crops but lacked supplies and needed the support of an institution in order to be successful. With this loan request he will buy fertilizers and poisons so that he can produce more and be able to sell at a better price which will generate more income for him.
View original language description ↓
El señor Genaro Deciderio Velásquez tiene la edad de 46 años , habita en el barrio el rodeo ubicado en San Juan de la Concepción , junto a su esposa la cual le apoya con los gastos de la casa ; ellos no tiene a su cargo ningún hijo ya que estos son mayores de edad y viven en su propia casa . Los planes hacia su familia de don Genaro es mejorar económicamente para tener una vida mejor junto a su esposa .El hace dieciséis años trabaja como agricultor y la mayor dificultad que se le ha presentado es la falta de financiamiento. Inicio con sus propios esfuerzos el cultivo pero este carece de insumos lo cual necesita el apoyo de la institución para poder ser efectiva dicha aplicación. Con esta solicitud va a comprar insumos de fertilizantes y venenos para tener una mejor producción y poder venderla a mejor precio lo cual le generar mejores ingresos.

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
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 20.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Genaro Deciderio buy agricultural supplies such as fertilizers and poisons.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 12, 2009
Listed
Feb 1, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010