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Alexander lives in the town of Ticuantepe with his wife and small son. His plan for his family is to improve its living conditions. Alexander has been a merchant for several years (underwear sales). At the beginning he’d buy just a little and gradually, with financing from Afodenic through the Kiva fund, Alexander has succeeded in increasing his inventory and his sales. He feels very happy for the support provided. Now, in this new cycle he’ll buy clothes for women and men to have a variety of products available for his customers and at the same time increase his sales.
View original language description ↓
El señor Alexander, es habitante del municipio de Ticuantepe, junto a su esposa y su pequeño hijo, los planes hacia su familia es mejorar las condiciones de vida, don Alexander desde hace varios años se dedica al comercio (venta de ropa interior) al inicio fue comprando poco a poco y con el financiamiento que le otorgo Afodenic atrávez de fondo Kiva don Alexander a logrado incrementar su inventario y ventas ya que se siente muy contento por el apoyo brindado , ahora con este nuevo ciclo va a compra ropa para damas y caballeros para ofrecerle a sus clientes diversos productos y a la vez mejorar su ventas .

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
  • 72
    View loans »
    Nicaragua Loans Fundraising
  • $25,756,600
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Alexander to buy clothes for women and men.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 30, 2011
Oct 8, 2011
Currency Exchange Loss:
Nov 15, 2012