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Elearzar S., 35 years old, lives in the region of Santa Rosa. He is married and his family includes Josue, three years old, Anielka, one year old and Roberto, who is 13 years old and is in the sixth grade. After his studies, Roberto helps his papá with the household chores and takes care of the kids.

Señor S. is the owner of a property 50 Mzs, in the region of Santa Rosa in Serrano, which has good technical conditions for the development of his inventory of cattle. There is a corral, a pasture area divided into smaller parts, and Aguaje fruit all the time. Also, Elearzar is the owner of his cattle, he earns his income throughout the year through the sale of milk and cheese and by marketing his livestock. He also receives income from other products from his ranch such as roots, tubers and basic grains. He is seeking his second loan from the microfinance institution, AFODENIC, through the Kiva program in order to by two cows for milking, he is using six cows as collateral. This client has the capacity and willingness to pay, he completed his previous loan in a timely manner. He is grateful to the institution and expects to continue to benefit.

His greatest dream is to increase his inventory of cattle to earn greater income and in this way to bring better living conditions to his family.
View original language description ↓
Elearzar S., de 35 años, habita en la comarca Santa Rosa, casado, integra el núcleo familiar Josue de 3 añitos, Anielka de 1 añito y Roberto de 13 años estudia 6to grado, despues que realiza sus estudios ayuda a las actividades del campo en coordinanción con su papá y su esposa se dedica a los quehaceres del hogar y a cuidar los niños.

El Sr. S. es dueño de una propiedad de 50 Mzs, en la comarca Santa Rosa, del Serrano, la cual tiene buenas condiciones técincas para el desarrollo del inventario ganadero, posee un corral, areá de pastos divididas en pequeñas areá, aguaje de todo tiempo, ademas es dueño de su inventario ganadero, obtiene su ingreso durante el año por medio de la venta de leche, comercialización de ganado y venta de queso, también recibe otros ingreso de productos de la finca como es de raices y tuberculo y granos basicos, solicita su segundo crédito a la institución de AFODENIC por medio de Kiva para compra de 2 vacas paridas, siendo su garantía prendaria 6 carta de venta de vacas paridas, este cliente tiene capacidad y voluntad de pago, en su crédito anterior cancelo en tiempo y forma, esta agradecido con la institución y espera continuar siendo beneficiado.

S u mayor sueño es crecer en su inventario de Ganado para obetener mayores ganancias y de esta manera brindarle majores condiciones de vida a 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
  • 41
    View loans »
    Nicaragua Loans Fundraising
  • $26,418,100
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Eleazar to buy two cows for milking.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 29, 2010
Oct 19, 2010
Currency Exchange Loss:
Nov 15, 2012