Check out some available loans that are similar to this one!
Juana Mercedes
Juana Mercerdes R. is 41 years old and she lives in the neighborhood of Buenos Aires, in the county of Ticuantepe. She is a single mother and has two daughters who are currently studying. She has been working in agriculture and business for ten years. Her plan for her family is for her daughters to become professionals; her biggest difficulty has been a lack of finance. With her own hard work she has been able to establish two and a half acres of plantain and she needs fertilizer to be able to grow a good product and to sell it in the market for a good price. It is for this reason that she would like a loan; to invest in fertilizer and to move forward with her business.
View original language description ↓
La señora Juana Mercedes R. tiene la edad de 41 años, habita en el barrio Buenos Aires Ubicado en el municipio de Ticuantepe , ella es madre soltera tiene a su cargo dos hijas las cuales estudian actualmente ella se dedica a la agricultura y al comercio desde hace diez años . Los planes hacia su familia es lograr que sus hijos sean profesionales; la mayor dificultad ha sido la falta de financiamiento ya que ella con sus propios esfuerzos a logrado establecer 2 ½ mz de plátano y necesitan fertilizantes para poder sacar una buena producción y vender a un buen precio en el mercado es por eso que con esta solicitud de prestamos es para invertir en fertilizante y salir adelante con su negocio.

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

  • $3,636
    Average annual income
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $23,671,175
    Funds lent in using Kiva
  • 20.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Juana Mercedes to buy agricultural products to produce plantain/Comprar insumos agricola para la produccion de platanos.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 23, 2009
Listed
Feb 5, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010