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Saddam Addel Harum
Saddam, 22, is a young entrepreneur who very much likes business. His wife works in her own fast-food business. They both have a great desire for self-improvement.

Saddam completed his studies in systems engineering as well as in automotive engineering. Owing to a lack of work, however, he has tended more towards selling motorcycle parts, a business that is very profitable for him.

Currently he still doesn't have any children. His goal is to continue growing and set up another sales stall in the market.

This is why he's requesting his first loan to invest in his business by buying a variety of spare parts, tires, and rims for motorcycles. This way he'll keep on increasing his inventory little by little.
View original language description ↓
Saddam es un joven emprendedor de 22 años de edad que le gusta mucho el negocio, su esposa labora en su propio negocio de comida rápida ambos tienen muchos deseos de superación, Saddam tiene realizada su carrera de ingeniería en sistemas y también en automotriz pero por la falta de empleo se ha inclinado mas por las ventas de repuestos para motos, negocio que le es muy rentable, en la actualidad no tiene hijos aun, su meta es seguir creciendo y poner otro puesto de venta en el mercado, por esta razón solicita este primer rédito para invertir en el negocio comprando repuestos varios, llantas y rines para motos, asi ir aumentando el inventario poco a poco.

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
  • 69
    View loans »
    Nicaragua Loans Fundraising
  • $25,754,375
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Saddam Addel Harum to buy spare parts, tires, and rims for motorcycles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 15, 2013
Apr 1, 2013
Currency Exchange Loss:
Dec 17, 2013