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For 19 years, Ricardo has been working as a teacher at Rubèn Darìo School # 2, with great efficiency and integrity. He is a man well known in his community, who has distinguished himself for being an excellent father and teacher.

He needs this money to spend on some small repairs to his kitchen, so as to offer better comfort to his family. He also grows quequisque (type of root vegetable), as he is a man who loves to get ahead.

His greatest dream in life is that his beautiful family enjoy good health and remain close-knit.
View original language description ↓
Don Ricardo se desempeña como docente de la Escuela Rubèn Darìo # 2 desde hace 19 años con gran eficiencia y honestidad, es un hombre reconocido en su comunidad que se ha destacado por ser excelente padre y maestro. Este dinero lo necesita para invertirlo en pequeños arreglos de su cocina y asi brindarle mejor comodidad a su familia, tambien se dedica a la siembra de quequisque ya que es un hombre que le encanta progresar. Su mayor sueño en la vida es que su linda familia goce de salud y que permanezca unida.

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
  • 56
    View loans »
    Nicaragua Loans Fundraising
  • $26,430,500
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Ricardo to repair his kitchen.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 27, 2012
Aug 3, 2012
Currency Exchange Loss:
Sep 18, 2013