Check out some available loans that are similar to this one!
José Carlos
Carlos is 54 years old, he and his wife have 5 children – 2 sons ages 13 and 18 and 3 daughters ages 16, 20 and 24. Their home is in Villa Reconciliación. His wife works as a supervisor in a supermarket. Carlos sells clothing, shoes, products for cleaning and the home. He has be in sales for 16 years, and he began with his own money. Ever since he was young he has been a hard working man. With this loan he is asking to buy merchandise and have a store to offer his customers a variety and range of products. His long term goal is to continue increasing his inventory to obtain greater resources such as being able to help his children prepare for university studies and that they have a dignified life.
View original language description ↓
El Sr. Carlos tiene 54 años de edad, su esposa le tiene cinco hijos dos varones de 13 y 18 años de edad, y tres mujeres de 16, 20 y 24 años de edad, con domicilio en Villa Reconciliación. Su esposa trabaja como supervisora en un supermercado. Don Carlos vende ropa, zapatos, productos de limpieza y hogar, lleva dieciséis años de estar en las ventas, e inició con dinero propio, desde joven ha sido un hombre trabajador. Con la solicitud del dinero es para comprar mercadería y tener en almacén para ofrecer a sus clientes la variedad y estilo de productos. A largo plazo es seguir incrementando el inventario para obtener mejores utilidades así como ayudar a sus hijos que se preparen con los estudios universitarios para que gocen de una vida digna

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
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 19.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped José Carlos buy products for cleaning and the home.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Oct 11, 2008
Sep 27, 2008
Currency Exchange Loss:
Oct 15, 2009