Funded

Total loan: $900
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Luis Alfonso

Nicaragua
Managua, Nicaragua / Spare Parts

A loan of $900 helped to purchase a variety of new and used vehicle parts.


Luis Alfonso's story

Luis is a businessman who is a mechanic by profession. With effort, he was able to establish his own business. He has more than eight years of experience selling new and used vehicle parts.

Luis utilized his loans to buy more products to offer so that he could keep prices affordable for his customers. By selling goods at a cheaper price, he has been able to generate more sales. It was with the help from AFODENIC that he was able to achieve this goal.

As a father, Luis is pleased that today he can provide his family a little bit of stability. His three children are studying so that they can have a better future.

Luis plans to buy front and rear car doors, various types of brakes, and front and rear bumpers. He has many products in his inventory and he hopes that it keeps growing.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

15 months
Disbursed date: April 30, 2011

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: April 30, 2011