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Mr. Carmelo Z., a small-time farmer in the El Banco region of the municipality of Rama, is married to Mrs. Justina Flores. They have four children: 42 year old Santos, 40 year old Abelardo, and 30 year old Francisca, who are already married and have families of their own. They still live with the youngest child, Darvis, who is 28 years old. He helps them to work the land and to care for the farm.

He is asking for his 6th loan with the objective of buying a stud bull, which will allow him to better the quality of his cattle, and allow him to obtain better earnings, which in turn will allow him to better his family’s quality of life. It should be mentioned that he has previously been a beneficiary of Kiva funds. With those funds he succeeded in establishing 3 “manzanas” (land units of 7000 square meters each) of rice, which he has harvested and sold and obtained the earnings he was hoping for.

His greatest dream is to be able to increase his livestock inventory and to provide his family with better living conditions, since they mean the world to him.
View original language description ↓
Don Carmelo Z. pequeño agricultor de la comarca El Banco del municipio de el Rama, es casado con la Sra. Justina Flores, tiene 4 hijos, Santos de 42 años, Abelardo de 40 y Francisca de 30, quienes ya se casaron y tienen su propia familia, unicamente habita con el el menor, Darvis de28 años quien le ayuda a trabajar la tierra y a cuidar la finca.

Esta solicitando su 6to credito con el objetivo de comprar un semental que le permita mejorar la calidad de su ganado, y asi obtener mejores ingresos que le permitan mejorar la calidad de vida de su familia. Cabe mencionar que anteriormente fue beneficiado con el fondo kiva, logrando establecer 3 mnz de arroz los cuales comercializo y obtuvo las ganancias que esperaba.

Su mayor sueño es poder incrementar su inventario ganadero y dar mejores condiciones a sus hijos y esposa, pues son su razon de ser.

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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,756,600
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Carmelo to buy a stud bull.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Oct 14, 2010
Nov 9, 2010
Currency Exchange Loss:
Nov 15, 2011