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Jem Erick
Jem U., 27, is a high school teacher. He teaches classes in the mornings. In the afternoons he drives a taxi, which gives him good earnings. His goal is to be able to have his own house when he starts out on his own. He lives with his parents in the Reparto Shick neighborhood in the capital of Managua.

As a plan, he wants to be able to complete his career. He has worked since he was young, and he likes having his own money. With the loan from Afodenic he wants to buy a crankcase cylinder. He has his own vehicle, but it is in bad shape. He earns a lot of income from the vehicle when working.

He is grateful to the institution for being able to fix his vehicle because it will bring him benefits.
View original language description ↓
El joven Jem U. tiene 27 años de edad, docente de secundaria, por las mañana da clases y por la tarde es cadete de taxi, lo cual es de mucha ganancia ya que sus meta es poder tener su propia casa para cuando se formalice, vive junto a sus padres en el barrio Reparto Shick, en la capital de Managua. Como plane quiere pode terminar su carrera, desde joven trabaja ya que le gusta tener su propio dinero, con el préstamo en Afodenic lo quiere para comprar black y Cigüeñal para un vehiculo que tiene propio pero que esta en mal estado, lo cual generara muchas ganancia cuando lo ande trabajando, da las gracias a la institución por el logro de hacer mejoras a su vehiculo ya que traerá beneficios.

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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,756,600
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Jem Erick buy a crankcase cylinder to give his customers good service.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 11, 2009
Sep 1, 2009
Currency Exchange Loss:
Aug 15, 2010