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Mario Francisco
Mr. Mario Francisco S. V. is married and lives in the Las Conchitas district. His wife works as a teacher and helps with the expenses of the home and with the business. They have 3 children, two of whom are adults who work and live independently. As a family, they plan to add on to their house in the future, so that their oldest daughter can live there with her children.

Mr. S. has worked for the past 11 years selling groceries and dairy products. He is the owner of a small grocery store that has provided for their day to day needs. It is for this business that he requested a loan to use to buy products to stock the store and increase earnings. This will help them to deal with their son's illness. The family's motivation for their daily efforts is to be able to deal with their young son's expenses.

View original language description ↓
El señor Mario Francisco S. V., es casado y viven en el Bo. las Conchitas y su esposa trabaja como docente y le apoya con los gastos del hogar y con el negocio, ellos tienen 3 hijos, dos de ellos son mayores de edad, viven y trabajan de manera independiente, como familia a futuro planean la reconstruccion de su hogar para que la hija mayor habite con sus hijos. El señor S. se ha dedicado desde hace 11 años a la venta de abarrotes y lacteos,el es dueño de una pulperia que les ha brindado el sustento dia a dia, es para este negocio que solicitó el prestamo para invertirlo en la compra de productos que le abastescan el local y les aumente los ingresos, esto les ayudará a enfrentar la enfermedad que aqueja al hijo ,es por él que la familia tiene como objetivo el empeño diario para sobrellevar los gastos del menor.

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
  • 46
    View loans »
    Nicaragua Loans Fundraising
  • $26,296,575
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mario Francisco to buy products to stock his grocery store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 7, 2010
Jan 11, 2010
Currency Exchange Loss:
Jan 19, 2011