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Lino Jose
Lino Jose G. L., 29, lives with his wife in Reparto Khun; she is employed as a cashier at Palí supermarket. For the last two years he has been a merchant.

Prior to this, Lino was a bicycle repairman. It was thanks to loans that he was able to buy merchandise to sell to his customers; this created a new source of income. He still doesn’t have the benefit of working out of his own place but he has started to build a new store.

This is the purpose of his loan request. He wants to buy a larger quantity of stock items for bicycle and motorcycle repairs. He will also invest in the purchase of a motorcycle for greater ease in transporting merchandise and to be able to provide in-home services for his customers.

This will make his work easier and he will have better product turnover, which will mean better economic stability for the entire family.
View original language description ↓
El señor Lino Jose G. L., tiene 29 años con su esposa habitan en el Reparto Khun, la señora labora como cajera de los Supermercado Palí, él se dedica al comercio desde hace 2 años, anteriormente el Sr. Lino realizaba reparaciones de bicicletas, fue gracias a los prestamos que pudo comprar mercadería para venderla a sus clientes y de esta manera comenzó una nueva fuente de ingresos, aun no posee los beneficios de trabajar en su propio local, en la actualidad, comenzó con las edificaciones de la nueva tienda.

Es para este propósito principal por la que el solicita el préstamo para la inversión en la compra de un mayor inventario de productos de reparacion de motos y bicicletas y motoneta, así mismo invertirá en la compra de una moto para la facilidad del transporte de la mercadería y realizar pedidos a las puertas de los hogares de sus clientes. Esto le permitirá mejores comodidades laborales, una mayor rotacion de los productos, traduciendose una mejor estabilidad economica para toda la familia.

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
  • 45
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Lino Jose to acquire a larger inventory of products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 28, 2010
May 10, 2010
Currency Exchange Loss:
May 15, 2011