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Osmar Alberto
Osmar is a married man whose wife works in a private business. He has plans to improve the standard of living of his family through his own business, starting it with the help of his family. Some difficulties have come up such as the increase in the price of products. He plans to expand his business with larger quantities and more variety.

He appreciates the financing assistance of the loan which will be invested in the purchase of construction materials such as cement, sand, stone, blocks, zinc, work shirts, and other products, permitting him to improve his standard of living.
View original language description ↓
Osmar, casado su esposa trabaja en una empresa privada, sus planes en mejorar el nivel de vida para su familia. Con su propio negoció iniciándolo con apoyo su familia. Se le ha presentado dificultades como es el alza de los perecederos. Proyecto ampliar su negocio con mayores cantidades y variedades.
Agradece a la financiera por apoyo con el préstamo ya que será invertido en la compra de materiales de construcción como. Cemento, arena, piedra, bloques, zinc, camisas entre otros permitiéndole mejora el nivel de vida.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Osmar Alberto purchase of construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 19, 2011
Mar 1, 2011
Currency Exchange Loss:
Feb 15, 2012