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Ricardo Manuel
Ricardo lives in the municipality of Masaya; he’s single and lives with his family. He’s one of the family’s sources of support. His greatest dream is to build his mother a proper house. With his business he’s been able to provide the main things for his house and to cover some of the expenses. With this loan he will invest in his seafood selling business. He buys in the market and sells in the country’s northern zone. He’s grateful for the trust Afodenic and Kiva funds have placed in him.
View original language description ↓
El señor Ricardo, habita en el Municipio de Masaya, soltero vive con su Familia, el es uno de los sustentos de su hogar, su mayor sueñor es construirle un hogar digno a su mama, con su negocio a podido llevar lo principal a su casa y sufragar algunos los gastos, con este credito podra invertir en su negocio Venta de Mariscos. el compra en el mercado y comercializa en la zona Norte del Pais. agradece la confianza que Afodenic y Fondos Kiva le han brindado.

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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,756,600
    Funds lent in using Kiva
  • 24.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ricardo Manuel to buy seafood.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jan 26, 2013
Feb 1, 2013
Currency Exchange Loss:
Dec 17, 2013