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Carlos Alberto
Carlos is 38 years old, married, a merchant, and his wife works with him. He has two children of 12 and 15 years of age who attend school.

He studied Business Administration, and his wife to be a secretary. Since he was young he worked alongside his father, who was a jeweler with his own business. The jewelry store was left to him through inheritance and today he continues offering his work of gold and silver jewelry.

With the profits he began to buy new clothing, underwear, cosmetics, putting it in a small area at the front of his jewelry store, with his wife who manages it, and together they get derive better earnings and a better experience.

With this loan he will buy 31 carat gold, in order to continue making his jewelry and to offer variety to his customers, obtaining better sales.
View original language description ↓
Don Carlos tiene la edad de 38 años, casado, de oficio comerciante, su esposa trabaja junto con él, tiene dos hijos de 12 y 15 años de edad que cursan la secundaria.
Estudio Administración de Empresa, y su esposa para secretaria, desde joven trabajo junto a su papa, quien era de oficio joyero con su propio negocio, el cual dejo de herencia su taller de joyería, y hasta hoy sigue ofreciendo sus trabajos en prenda de oro y platas.
Con las ganancias comenzo a comprar ropa nueva, ropa interior, cosméticos, el cual logro un pequeño tramo en frente de la joyería, siendo su esposa quien lo administra, a si ambos han venido logrando adquirir, mejores ganancias, y mejor experiencia.
Con este préstamo comprara 31 kilate de Oro, para seguir haciendo sus prendas y ofertar variedad a sus clientes. Obteniendo mejores 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
  • 85
    View loans »
    Nicaragua Loans Fundraising
  • $25,792,450
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,275 helped Carlos Alberto to buy gold by the carat to make a variety of gold jewelry.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 13, 2012
Aug 5, 2012
Currency Exchange Loss:
Sep 4, 2012