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Melquisedec is a farmer and his wife, a housewife, helps him with the business activities. He buys and sells tubers like ‘quequisques’ and yucca. He produces a certain amount on his farm, and he buys another amount and resells it wholesale. This is the way that he maintains his income.

He has his own work entity where he has an inventory of livestock. This is also part of his income. Melquisdec and his wife have two minor children who attend elementary school.

With great sacrifice and loans, he has been fulfilling his intentions of being a merchant and a cattle dealer. This time he is requesting a loan to plant two ‘manzanas’ [a manzana is a land measurement unit equivalent to 7000 square meters] of cacao. This way he will develop his property and improve his lifestyle.
View original language description ↓
Melquisedec, productor, su esposa es ama de casa y le ayuda con las actividades del Negocio como es la compra y venta de tubérculos como quequisques y yuca lo cual cierta cantidad la produce en su finca y otra cantidad la compra y revende al por mayor de esta manera obtiene sus ingresos, el cuenta con su propia unidad de trabajo donde tiene inventario ganadero, que también forman parte de sus ingresos. Melquisedec junto a su esposa tiene dos hijo menores de edad que estudian la primaria, él con mucho sacrificio y financiamientos ha venido logrando su propósito de ser comerciante y ganadero; y esta vez solicita Crédito para plantar dos manzanas de Cacao y de esta manera explotar su propiedad y mejorar su estilo de vida.

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
  • 58
    View loans »
    Nicaragua Loans Fundraising
  • $26,418,100
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,500 helped Melquisedec to buy cacao seeds and agricultural supplies.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Apr 30, 2014
Jun 9, 2014
Currency Exchange Loss:
Jul 9, 2014