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Willian Jose
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William lives in the Hialeah, Stage II neighborhood of Managua. He's 32 years old, married and has five children, three of whom work with him. He operates a bakery, something he's been doing for nine years. He started as a baker's assistance and eventually managed to set up his own business.

With the loan, he wants to buy basic ingredients (wheat, butter, yeast, sugar and sale to make his products) so that he can meet the demand of his customers for his delicious products. In the future, his hope is to set up a pastry shop that his children will manage and that will provide more economic security.

Translated from Spanish by Jere Wiseman, Kiva Volunteer

El Sr. William habita en el barrio Hialeah II etapa, es casado tiene 32 años de edad, y una familia de cinco hijos, tres de ellos trabajan con el. Su negocio es panificador tiene nueve años de experiencia, y comenzó de ayudante de panificador y logro con el tiempo poner su propio negocio.

Con el préstamo quiere comprar materia prima (harina, manteca, levadura, azúcar,y sal para elaborar su productos) y así poder sastifacer a sus clientela con sus ricos productos. A futuro es poner una repostería que la administren sus hijos y lograr mas estabilidad económica.

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
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,391,875
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Willian Jose buy materials for bakery business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 26, 2008
May 11, 2008
Currency Exchange Loss:
Jun 15, 2009