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Juan Alberto
Mr. Juana Alberto Hernández is 45 years old, lives in the neighborhood called San Caralampio, in Concepcion, and together with his wife. They are merchants and have two children in their care who study in primary school. Their plan for the family is to be successful in buying a tract of land where they could have the infrastructure for a shop. For 19 years he has worked as a electrical mechanic, and with his own strength has been able to maintain the business. He is asking for finances to be able to improve his business through buying tools that the business demands, and he wants to get more clients so that one day, his children will be able to work alongside him, so they can be good men.
View original language description ↓
El señor Juana Alberto Hernández tiene la edad de 45 años, habita en el barrio San Caralampio ubicado en la Concepción junto a su esposa es comerciante, ellos tiene a su cargo dos hijos los que estudian su primaria; los planes hacia su familia es lograr comprar un terreno para poder hacer la infraestructura de su taller. El desde hace diecinueve años trabaja como mecánico electricista, con sus propios esfuerzos a logrado mantenerlo. El solicita financiamiento para poder incrementar su negocio en la compra de herramientas ya que el negocio tiene demanda y quiere captar clientes para que un futuro sus hijos se integren a trabajar con él. Para que puedan ser hombres de bien.

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
  • 161
    View loans »
    Nicaragua Loans Fundraising
  • $23,183,925
    Funds lent in using Kiva
  • 20.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Juan Alberto to buy tools for his mechanic shop.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2009
Listed
Feb 9, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009