Funded

Total loan: $900
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Juan Pedro

Nicaragua
Chontales, Nicaragua / Electrical Goods

A loan of $900 helped buy merchandise for his business.


Juan Pedro's story

Juan Pedro is single, and he has two children who go to school.

He has worked as a taxi drive for nine years. Now he drives his own taxi. With support from his life partner he has been able to get his own vehicle and taxi concession. Also, he and his life partner sell domestic appliances for cash and for credit to their regular customers.

He is asking for his third loan to buy merchandise and stock the various devices that their customers have ordered. They do not have sufficient money to buy everything. He says that the AFODENIC’s loan policies are very good, and that is why he likes to work with this financing institution.

Translated from Spanish by Kiva volunteer Ginny Kalish



Loan details

Loan length:

20 months
Disbursed date: September 19, 2009

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: September 19, 2009