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Wilber Fernando
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Wilber, 26, is a young entrepreneur, married, and has 3 young children who are at elementary school. His family lives in Laureles Sur, a rural region. Ever since his youth, Wilber wanted his own business and had the opportunity to study optometry at college. This passion led him to build his profession on it; approximately, 4 years ago, he set up his own optician shop with the help and financial support of his sister and that of his wife as well.

This family has also been involved to fully taking care of the business, attending to customers, and expanding. Currently, the shop serves customers from all the northern rural areas and some urban areas of the country, which is an indicator that this business has also provided jobs. In addition, the business depends on a great number of satisfied clients. These days, this young man needs a loan to buy lens and different colored frames, which are in great demand.

Translated from Spanish by Geraldine Kim, Kiva Translator.

Wilber es un joven empresario, tiene 26 años de edad, esta casado, tiene 3 hijos pequeños, los cuales se encuentran estudiando en primaria, esta familia habita en el asentamiento Laureles Sur, una zona rural. El señor desde muy joven deseó tener su propio negocio y aprovechó la oportunidad para estudiar en la universidad la carrera de Optometrista, la cual es una profesión que le apasiona, hace aproximadamente 4 años el señor monto su propia Óptica, con mucho sacrificio y con el apoyo económico de su hermana así como el apoyo de su esposa.

Esta familia se ha dedicado de lleno al cuido del negocio, la atención de los clientes y el de irse expandiéndose. Actualmente la óptica cubre todo el sector norte rural y parte urbano del país, a medida que crece este negocio ha sido generador de empleos, cuentan con un buen número de clientes los cuales están satisfechos con el servicio brindado por la óptica. En estos momentos el señor requiere de un préstamo para la compra de lentes y marcos de diferentes colores, ya que la demanda de sus clientes es cada vez mayor.

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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 18.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Wilber Fernando buy lens and frames of various colors.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Feb 17, 2008
Feb 3, 2008
Currency Exchange Loss:
Dec 15, 2008