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Denis Miguel
Denis is a young man who started to work 18 years ago. Right now, he works as a sales assistant and with his income he pays for his studies at university. Now he is about to finish his degree and he needs to pay for a course to get his degree. He can't pay for it all at once with his salary, because it is very low. That is why he is asking for the loan to be able to cover this expense. This will help him get a better job in the future and help his family and the community with his knowledge.
View original language description ↓
Denis es un joven que empezó a laborar desde los 18 años de edad hoy en día se desempeña como asesor de ventas, con sus ingresos paga la mensualidad de sus estudios universitarios, ahora está por culminar su profesión y necesita pagar el curso de titulación de su carrera lo que su salario no le permite pagar de una sola vez ya que es muy bajo, por este motivo el solicita apoyo de crédito para poder cubrir con este gasto, lo que le ayudara a optar por un mejor empleo en el futuro y así poder ayudar a su familia y a la comunidad con sus conocimientos.

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
  • 46
    View loans »
    Nicaragua Loans Fundraising
  • $26,238,100
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Denis Miguel to pay for a course to get his degree.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 28, 2013
Mar 18, 2013
Currency Exchange Loss:
Mar 17, 2014