Check out some available loans that are similar to this one!
Julio Alberto
Mr. Julio Alberto V. M. is 49 years old and lives in the neighborhood of "Los Rios" in Ticuantepe with his wife, who works selling fruit to cover house expenses. They have a daughter who is studying in elementary school. They plan to improve their living conditions. He has been working in agriculture for 22 years, starting by his own efforts. He plans to increase production in order to guarantee the well-being of his family by getting more income. He asks for financing because his crops lack fertilizer and they are weakening little by little. He hopes this will result in good production of fruit to sell at a better price at the market.
View original language description ↓
El señor Julio Alberto V. M. tiene la edad de 49 años, habita en el barrio Los Ríos ubicado en el municipio de Ticuantepe junto a su esposa, la cual trabaja como comerciante de frutas para apoyarle con los gastos del hogar. Ellos tienen una hija a su cargo la cual estudia su primaria. Los planes hacia su familia es mejorar las condiciones de vida. El desde hace veintidós años se dedica a la agricultura, el inicio con sus propios esfuerzos, los planes hacia su futuro es incrementar la producción para garantizarle bienestar a sus familia ya que obtendrá mas ingresos. El solicita financiamiento ya que sus cultivos carecen de fertilizantes y se están debilitando poco a poco. Lo cual espera tener una producción buena en frutos para vender mejor precio al M.

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
  • 169
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Julio Alberto to buy fertilizer in order to improve production.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 29, 2009
Listed
Feb 8, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010