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Jeffer Omar
The young man Jeffer Omar began working in the sales of clothes, shoes and cosmetic products to earn income since he has a family and wishes to get ahead. His wife has a 4 year old little girl. He is 22 years old, and lives in the community Sandino City in the capital of Managua. He has been managing this business for three years. This is his first loan with Afodenic, and he wants to invest it in the purchase of purses, shoes and clothing in order to sell a variety to his customers. In the future, he hopes to grow his inventory and have greater profits, and to be able to save in order to be able to buy his own home.
View original language description ↓
El joven Jeffer Omar, empezó a trabajar en la venta de ropa, zapatos y productos de cosméticos para obtener ingresos ya que tiene una familia y desea salir adelante, su esposa le tiene una niña de 4 años de edad. Tiene 22 años de edad, reside en la comunidad Ciudad Sandino en la capital de Managua, tiene tres años de administrar este negocio. Este es su primer crédito en Afodenic el cual quiere invertir en la comprar de carteras, zapatos, y ropa para vender variedad a sus clientes. A futuro espera crecer en inventario y tener mejores utilidades y poder ahorrar para poder comprar su propia casa.

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
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,391,875
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Jeffer Omar buy clothes, shoes, and purses.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jul 24, 2009
Aug 5, 2009
Currency Exchange Loss:
Apr 15, 2010