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Mr. Salome A. Mercado has been a farmer for forty years and grows pineapple, coffee, and citrus fruits thanks to his mother's support. She provided him with land so that he could work and support his family.

The most difficult thing he faces is that oftentimes the pineapple that he grows doesn't get a good price because of its size, which affects his livelihood as the bit that he manages to collect is barely enough to meet his expenditures.

He would like a loan to buy fertilizers and materials so he can have good yields and improve his living conditions. At the same time, he would like to be able to buy a van to be able to move his products to the market.

Don Salome is 52-years-old and lives in Ticuantepe where he grows pineapple. He has five grown children and his wife is a trader who helps him with household expenses. He is grateful to AFODENIC (Kiva field partner) for the opportunity of the loan.

View original language description ↓
El señor Salome A. Mercado, es un hombre agricultor desde hace cuarenta años, se dedica a los cultivos de piña, café y cítricos, gracias al apoyo de su mamá que le brindo un terreno para que trabaje y apoye a su familia, la mayor dificultad que se le presenta es que los cultivo no se los pagan a un buen precio por la falta de tamaño en el caso de la piña, lo cual afecta su economía y lo poco que logra recoger apenas a justa para cancelar el desembolso , el quiere un financiamiento para la compra de fertilizantes e insumos para realizar la aplicación y lograr tener una buena producción y así mejorar las condiciones de vida ; a la vez poder comprar una camión en un futuro para poder trasladar la producción hacia el mercado. Don Salome tiene 52 años de edad, vive en ticuantepe lugar a la concepción donde se cultiva la piña. Con cinco hijos todos independiente, su esposa es comerciante y le apoya con los gastos del hogar. Agradece ala institución por la oportunidad del financiamiento.

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
  • 41
    View loans »
    Nicaragua Loans Fundraising
  • $26,418,100
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Salome to buy fertilizer to grow pineapple.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Nov 14, 2009
Nov 24, 2009
Currency Exchange Loss:
Dec 15, 2010