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Jeffer Omar
Jeffer is a young entrepreneur and the father of one little girl. He has his own business selling clothing, shoes and cosmetics which he started with the support of his mother, who provided part of the start-up capital for him to start working in sales as he did not have a steady job. He started off with small purchases of merchandise, which with the help of Afodenic allowed him to increase his sales and earnings and gain a customer base. He sells on the street in various spots in the capital of Managua. This is his third loan with the institution, and he has demonstrated a good payment history. With this new loan he will purchase clothing such as: pants, shirts, blouses, wallets, belts, shoes and varied perfumes. He hopes to fill his current orders and expected orders. His goal is to have his own house.
View original language description ↓
Jeffer es un joven emprendedor, padre de una hija. Dedicándose a su propio negocio la venta de ropa, zapatos, cosméticos, iniciando con apoyo de su mama.
Quien facilito parte del capital para comenzar a trabajar en ventas ya que no tenía un trabajo fijo. Iniciando con pequeñas compras de mercadería lo que con financiamiento de Afodenic, logro incrementar sus ventas, ganancias a si como la captación de sus clientes.
El vende ambulante en varios lugares de la capital de Managua. Este es su tercer crédito con la institución el cual, ha demostrado un buen comportamiento de pago. Con este nuevo préstamo comprara ropa como: pantalones, camisas, blusas, carteras, fajas, zapatos y perfumenes variados. Lo que espera cumplir con sus pedidos y expectativas.
Como meta es lograr tener su propia vivienda.

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
  • 30
    View loans »
    Nicaragua Loans Fundraising
  • $26,395,725
    Funds lent in using Kiva
  • 21.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Jeffer Omar he will buy: women's and men's clothing, wallets, and belts, among other products, to improve his sales.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 22, 2010
Feb 1, 2011
Currency Exchange Loss:
Nov 15, 2011