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Cosme A. Martínez is 59 years old and lives in the San José de los Ríos neighborhood with his wife, who works and helps him with household expenses. They have five children, four of which are already married and one is currently a student. His plan for his family is to improve their quality of life. Cosme has been in agriculture for the past 39 years. The biggest difficulty for him is the lack of financing and drought. He began working in this business with the support of the agrarian reform. His plan is to diversify his crops. With this loan, Cosme will purchase fertilizers and supplies to achieve a better yield.
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El señor Cosme A. Martínez, tiene la edad de 59 años, habita en el barrio San José de los Ríos, junto a su esposa la cual trabaja y le apoya con los gastos del hogar , ellos tiene cinco hijos , cuatro de ellos ya casados y uno a su cargo actualmente estudiante , los planes hacia su familia es mejorar las condiciones de vida , don Cosme desde hace 39 años se dedica a la agricultura la mayor dificultad que se le presenta es la falta de financiamiento y la sequilla , él inicio está actividad con el apoyo de la reforma agraria , los planes hacia su cultivo es diversificarlo Con el préstamo va a comprar fertilizantes e insumos para lograr una mejor producción.

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
  • 36
    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 $750 helped Cosme to purchase fertilizers to improve his crop yield.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Aug 21, 2009
Sep 8, 2009
Currency Exchange Loss:
Feb 15, 2010