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Reymundo Ricardo
Reymundo is a shoemaker by trade, with more than twenty one years experience offering his services to his customers. He has been able to build up a customer base and improve his business where he not only repairs shoes, but makes them. Thank God, he gets work day to day. He has invested in his business and in home improvement with the loan that Afodenic has given him. He is happy to achieve his goal for his family's wellbeing.

With this new loan, he will make a sidewalk and repair the roof, where he will replace fourteen zinc sheets. He will buy wood, cement, blocks, and sand to start the work.
View original language description ↓
Reymundo de oficio zapatero, con más de veintiún años, dando sus servicios, a sus clientes, que gracias a las experiencias ha logrado la captación de sus clientes, a si como las mejoras a su negocio ya que, no solo repara zapatos, también hace. y gracias a Dios día a día le llega trabajo.
Ha invertido en su negocio y en mejoras a su vivienda con financiamiento que Afodenic ha dado mediante el préstamo, lo que está contento por lograr el objetivo para un bienestar familiar.
Con este nuevo préstamo hará una cera y reparación del techo, el cual cambiara catorce laminas de zinc, compra de madera, cemento, bloques, arena para comenzar la obra.

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
  • 22.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Reymundo Ricardo to invest in home improvement, in building a sidewalk, and putting on a new roof.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 15, 2011
May 1, 2011
Currency Exchange Loss:
Mar 15, 2012