Funded

Total loan: $1,200
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Margarito Antonio

Nicaragua
Managua, Nicaragua / Agriculture

A loan of $1,200 helped purchase supplies & fertilizers.


Margarito Antonio's story

Sr. Margarito Antonio C. is 50 years old and lives in the neighborhood of Borgoña. He is married and has three teenage children who are high school students. Margarito has more than 30 years of experience farming. Pests and diseases can harm his land and make it difficult for him to achieve a good harvest. With the help of his father, Margarito learned how to work in this business.

He is now requesting a loan to purchase supplies and fertilizers so that he can provide the best care for his crops, which will allow him to increase his sales and improve his finances. This will favor his oldest son who will be starting soon at the university. Margarito needs to improve his financial condition so that he can pay for his son’s expenses and provide him a better future. This is not the first loan he has received from AFODENIC and he has an excellent credit record. It should be noted that Margarito’s economic situation has improved after financial support was provided.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

20 months
Repayment schedule: At end of term
Disbursed date: August 12, 2010

Lenders and lending teams



Loan details

Loan length:

20 months
Repayment schedule: At end of term
Disbursed date: August 12, 2010