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Ulises Antonio
Sr. Ulises Pérez is 43 years old, married, and lives in the town of Villa del Carmen in the district of Managua. His wife is a homemaker. They have two children, ages 17 and 13. He hopes to make life better for his family. Sr. Ulises has been working for 8 months for the town of Villa del Carmen as an education trainer.

He has a small variety store where he sells products such as soft drinks, rice, beans, and other items. Thanks to his loan from AFODENIC he will be able to buy oil, sugar, cosmetics, and other everyday household products. He hopes to generate better profits and offer his family more comfortable living conditions. He thanks the Institution for this loan and the benefit it will give him through higher earnings.

View original language description ↓
El señor Ulises Pérez tiene 43 años de edad, casado, reside en el municipio Villa del Carmen del departamento de Managua, su esposa ama de casa tiene dos hijos de 17 y 13 años de edad, tiene como planes en mejorar su forma de vida, trabaja en la Alcaldía Villa del Carmen como técnico de educación desde hace ocho meses, posee un pequeño negocio de variedades en donde vende los productos como: gaseosa, arroz, frijoles y otros. Gracias al préstamo en Afodenic lograra comprar: aceites, azúcar, cosméticos, y productos de uso diario. Generándole mayores utilidades y ofreciéndole a su familia mayores comodidades. Da las gracias a la institución por el préstamo ya que se benefiaciara en poder invertir mas lo cual obtendrá mejores ganancia

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
  • 34
    View loans »
    Nicaragua Loans Fundraising
  • $26,398,725
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Ulises Antonio purchase consumer products.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 14, 2009
Aug 16, 2009
Currency Exchange Loss:
Nov 15, 2010