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Mr. Francisco A. B. is 51 years old and lives in the division of Juan Ramón Padilla with his wife, who works as a cook to help him with the household expenses. They care for their 20-year-old daughter who is currently in her final year of secondary school. The family plans are to continue her studies so she can become a professional. Francisco has been a farmer for 20 years. He began cultivating his fields through a co-op, and now with the support of Afodenic he has improved and established more crops. With this loan, he will fertilize his pineapple crop to improve productivity.
View original language description ↓
El señor Francisco A. B. tiene la edad de 51 años, habita en el reparto Juan Ramón Padilla junto a su esposa, la cual trabaja como cocinera para poder apoyarle con los gastos del hogar, ellos tiene a su cargo una hija de 20 años que actualmente estudia su ultimo año de secundaria, los planes hacia su familia es poder seguir dándole estudio a su hija para que ella pueda ser una profesional. Don Francisco es agricultor desde hace veinte años, el inicio a cultivar sus tierras por medio de cooperativa y ahora con los beneficios que Afodenic le a brindado a logrado mejorar y establecer mas cultivo. Con este préstamo es para dar mantenimiento en fertilización al cultivo de piña para tener una buena producción

Additional Information


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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,075,600
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Francisco purchase agricultural inputs to improve pineapple crop.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Feb 13, 2009
Mar 1, 2009
Currency Exchange Loss:
Apr 15, 2010