A loan of $325 helped buy iron and zinc.

Miguel Angel's story

Mr. Miguel C. is 52 years old and lives in the 380 neighborhood in the city of Managua. He is married and has five children, all of whom are students. His plans include improving his family’s standard of living and seeing his children prepare themselves professionally. Mr. Miguel is an industrial technician but he had a hard time finding work in his field, so he decided to start a small recycling business for scrap metal and other materials. One of the difficulties that he has run into is the lack of financing. Thanks to the loans from Kiva partner Afodenic, he has established his recycling business. With this loan he will be able to buy materials such as iron, zinc, etc., which will allow him to increase his income.

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Translated from Spanish by Kiva volunteer Laura Westin

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