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Jose Elmer
Jose Elmer P. M. is 51, and he lives in the Waspan Norte neighborhood. He is married, and his wife helps him tend the business while he is doing his work as a bricklayer. He has a small business selling cheese and cosmetics. They have two children. One is 23 and is currently working. The younger one is 14, and she goes to high school.

Mr. Peralt’s greatest desires are to finish building his house, to educate and prepare his youngest daughter, and to be able to develop his business so that one day they can rely solely on the business. That is why he is requesting a loan to give him the economic resources to increase sales and have greater earnings.
View original language description ↓
El señor Jose Elmer P. M. tiene 51 años de edad, vive en el Barrio Waspan Norte, es casado y su esposa le ayuda a atender el negocio mientras él anda realizando trabajos de albañilería, él tiene una pequeña venta de queso y cosméticos, ellos tienen 2 hijos de 23 años el cual actualmente trabaja y la menor de 14 años que estudia la escuela secundaria, el mayor anhelo del señor P. sería el terminar de edificar su casa, el educar y preparar a su hija menor y poder hacer evolucionar su negocio para que un dia solo depender de el, para esto solicita un prestamo que le brinde los recursos económicos para elevar las ventas y tener mayores ganacias.

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
  • 58
    View loans »
    Nicaragua Loans Fundraising
  • $25,729,225
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Jose Elmer buy cheese.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jan 12, 2010
Jan 18, 2010
Currency Exchange Loss:
Nov 15, 2010