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Efraín is a farmer from a hardworking family. With his wife, he has four children, two of whom are independent, and the rest are school-age and help him with some of the farm work. He has always dedicated himself to agricultural work and livestock. Currently, he has a small, 14,000 square foot parcel of cacao that he has worked on with great care. His goal is to expand and improve it by implementing good agriculture practices with the environment that do not harm natural resources.

For this reason, he is seeking a loan to establish a nursery, purchase tools and supplies, and pay for labor, which will allow him to perform agricultural activities such as planting, pruning, weed control and fertilizing, among others. Through this, he will have a satisfactory yield and be able to sell it at a fair price in the market as the demand is high.
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Efraín es un campesino de familia trabajadora que junto a su esposa procrearon 4 hijos, de los cuales 2 ya son independientes, los demás están en edad escolar y le apoyan en algunos trabajos en el campo. Él siempre se ha dedicado a las actividades agrícolas y ganaderas, en la actualidad tiene una pequeña parcela de cacao de 2 mz que ha trabajado con mucho esmero, el cual tiene el objetivo de ampliar y mejorar, implementando buenas prácticas agrícolas amigables con el ambiente y no perjudiquen los recursos naturales, por lo cual solicita el crédito para el establecimiento de un vivero, compra de herramientas e insumos, pago de mano de obra, que le permitan desarrollar las actividades agrícolas de siembra, poda, control de maleza, fertilización entre otras, logrando de esta manera un rendimiento satisfactorio y poder comercializarlo a un precio justo en el mercado que en la actualidad tiene una buena demanda.

Additional Information

More information about this loan

Through the Silvopasture loan, Afodenic will help smallholder farmers, whose livelihoods are principally derived from livestock, to diversify their incomes. These loans will be used to plant income generating fruit and nut trees, such as cacao, on grazing lands.  Silvopasture is the practice of combining forestry and grazing of domesticated animals in a mutually beneficial way. Advantages are enhanced soil protection, reduced natural pollution by livestock, and increased medium-term income due to the production of trees and fruits.

Despite being the country’s most important export and playing a vital role in the local economy, Nicaragua’s livestock production is currently heavily lacking in resources to increase efficiency and sustainability. Today, hard pressed farmers are raising their livestock in inappropriate conditions, allowing overgrazing and administering medications to the animals that increase environmental pollution. Moreover, for many, livestock production is the only source of income, leaving families vulnerable to market conditions, as in 2008 when cattle prices sharply fell in Nicaragua.



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
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,391,875
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $2,975 helped Efrain purchase supplies such as fertilizers, fungicides, herbicides, bags for his nursery, tools and pay for labor.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Feb 28, 2014
Apr 11, 2014
Currency Exchange Loss:
May 11, 2014