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Jose Dolores
Don José has chosen to request his 10th loan so that he can continue investing in his business of selling plastic goods, household appliances, clothing, and shoes. He has been in this line of work for approximately seven years. His wife helps with making sales. After having worked as a traveling street vendor, Don José opened a small establishment.

With this new loan, he will now be able to buy more plastic goods, various articles of clothing, shoes, and other products so that he can keep his business in operation. This will help him maintain the household expenses and the educational costs of his two children who are continuing to prepare themselves. For Don José and his family, education is a top priority.

View original language description ↓
Don José está optando a su decimo préstamo para seguir invirtiendo en su negocio, la venta de productos plásticos, electrodomésticos, ropa y calzado hace aproximadamente 7 años se ha dedicado a esta labor en conjunto con su esposa quien le ayuda a vender, don José después de andar vendiendo ambulante ha logrado poner su pequeño establecimiento ahora con este crédito desea comprar mas productos de plásticos, ropa variada, calzados entre otros y de esta manera seguir ejerciendo su comercio que le ha ayudado a sostener los gastos del hogar los estudios de sus 2 hijos quienes continúan preparándose lo cual para ellos es prioridad principal la educación.

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
  • 39
    View loans »
    Nicaragua Loans Fundraising
  • $26,388,300
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Jose Dolores to buy plastic goods, clothing, shoes, and other merchandise.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Nov 17, 2012
Dec 4, 2012
Currency Exchange Loss:
Oct 17, 2013