Cecilio Efraín O. is 46 years old. He lives in San José de los Ríos with is wife, who helps him with the household expenses. They have three children, who are 14, 11, and 6 years old. They study and also help with the agricultural work. His plan for his family is to improve their living conditions. Cecilio has been farming for 30 years. It is through his own initiative that he has been able to establish part of his crops. The biggest difficulty he has is the lack of financing. With the loan he will buy fertilizers and other inputs to apply to his crop so he can sell it at a better price.
El señor Cecilio Efraín O., tiene la edad de 46 años, habita en el barrio San José de los Ríos, junto a su esposa la cual le apoya con los gastos del hogar, ellos tiene tres hijos de catorce, once y seis años; ellos estudian y le apoyan con las actividades agrícolas, los planes hacia su familia es mejorar las condiciones de vida, desde hace 30 años don Cecilio se dedica a los trabajos agrícolas, con sus propios esfuerzos a logrado establecer parte de sus cultivos , la mayor dificultad que se le presenta es la falta de financiamiento. Con el préstamo va a comprar fertilizantes e insumos para aplicar al cultivo y poder vender a mejor precio.
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.