Check out some available loans that are similar to this one!
Bayardo Arsenio
Bayardo continues with his business as a street vendor of cereals and bread, cereal that he himself makes from delicious corn because having financing allowed him to increase the number and variety of his sales like: pinol [beverage made with toasted white corn without cocoa], pinolillo [beverage made with toasted white corn with cocoa and cinnamon], jícaro seeds and cereal.

With the previous loan he was able to build an overhang that protects him more from the sun and rain and he’s happy about this improvement.

Now, with this new loan he will start to build a concrete wall for more security since he currently encloses only with metal sheeting; he hopes to advance quite a bit with this construction.
View original language description ↓
Don Bayardo sigue con su negocio, y ventas ambulantes, de cereales y pan, cereal que el mismo elabora del rico maiz, pues al tener financiamiento logro aumentar la cantidad y variedad en sus ventas. como: venta de pinol, pinolillo, semilla de jicaro, cereal.
Con el credito anterior, logro hacer un bajatete, el cual ahora se cubre mas del sol y de la luvia, lo que esta contento por la mejora.
Hoy con este nuevo financiamiento comenzara la construccion de un muro, de concreto para mejor seguridad, teniendo cerrado solo con zinc, el cual espera abanzar bastante esta construccion.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $4,800
    Average annual income
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Bayardo Arsenio to build a wall.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 27, 2011
Oct 9, 2011
Currency Exchange Loss:
Mar 15, 2012