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José Armengol
Señor José Armengol L. P. is 37 years of age. He is married, with 3 adolescent children. They live in the populous neighborhood Medardo Andino. His wife is dedicated to agriculture. His children support their parents in the work of the home and the farm. For 11 years they have been dedicated to the cultivation of pithaya (fruit of a variety of cactus, also known as dragon fruit).

Among the daily tasks that he must perform are plowing, raking, marking lines and making holes for planting, weeding and eliminating pests and diseases that affect the soil and damage the crop. This production process is very costly, since it is necessary to buy many chemical supplies to fertilize the soil. And this has been one of the main problems that he has had, namely the lack of financing, which prevents him from purchasing supplies and agricultural materials to provide better maintenance to their lands. This is the reason for the loan. For a moderate period, It will provide him the possibility of improving their economic condition. Above all he is concerned that his older son is studying at the university and the fees they have kept him from completing some semesters. Therefore he hopes to support him to improve his standards of living for the welfare of his family.
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El señor José Armengol L. P., tiene la edad de 37 años de edad, es casado, con sus 3 hijos adolecentes habitan en el populoso barrio Medardo Andino, su esposa se dedica a la agricultura, sus hijos apoyan a sus padres en los trabajos del hogar y la finca, tienen 11 años e dedicarse a la siembra de los cultivos de pithaya.

Dentro de los trabajos diarios que se tiene que realizar para preparar el terreno con las labores de arado, rastra, delineado y hoyado, cuida de la maleza y eliminacion de plagas y enfermedades que suelen afectar el suelo y dañar la cosecha. Este proceso productivo es muy costoso, ya que se requiere de comprar muchos insumos químicos necesarios para fertilizar el suelo. Y este a sido uno de los principales problemas que ha tenido, la falta de financiamiento, que no le permite la compra de insumos y materiales agrícolas, que brinden un mejor mantenimiento a sus terrenos, esta es la razón del préstamo, esto le traerá a un plazo mediano la posibilidad de mejorar sus condiciones económicas sobre todo que su hijo mayor está estudiando la universidad y los aranceles le han obstaculizado los planes de culminación de los semestres. Por tanto espera se le apoye a mejorar sus niveles de vida para el bienestar de su 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
  • 51
    View loans »
    Nicaragua Loans Fundraising
  • $26,278,975
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped José Armengol to buy supplies and materials for growing pithaya (cactus fruit).
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
May 31, 2010
Jul 1, 2010
Currency Exchange Loss:
May 15, 2011