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Adolfo Rex
Adolfo Rex is a hard-working man. He is 62 years old and married. He has three children who are older in age and independent. More than 15 years ago, he established a mechanic's and vulcanization workshop with the intention of improving the quality of life of his family. With the income received and the previous loans from PANA PANA, he was able to purchase a taxi. With the objective of expanding his micro-business and improving the condition of his vehicles, he is requesting a loan in order to purchase equipment and materials for his workshop like compressors, sheeting and soldering rods. His dream is to purchase a bus, to cover the route from Puerta Cabezas to Managua.
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Adolfo Rex: Es un hombre trabajador, tiene 62 años de edad, casado, tiene 3 hijos, mayores de edad e independientes. Desde hace más de 15 años, estableció su taller de mecánica y vulcanización con el propósito de mejorar la calidad de vida de su familia y con los ingresos percibidos y créditos anteriores otorgados por PANA PANA, le han permitido comprar un taxi. Con el objetivo de ampliar su microempresa y mejorar la condición de sus vehículos solicita financiamiento para comprar equipos y materiales para su taller: compresores, láminas y varillas para soldar. Su sueño es comprar un bus, para que cubra la ruta de Puerto Cabezas a Managua.

Additional Information

About Pana Pana

Pana Pana is a nonprofit civil association founded in 1990 in Nicaragua. The organization’s official name is Asociacion para el Desarrollo de la Costa Atlantica (Association for the Development of the Atlantic Coast) but they have always been know as Pana Pana which means “mutual help” in the local language.

Pana Pana offers loans for commerce, housing, and a small number of agriculture loans. They also have a small social development unit that runs Pana Pana’s non-financial services. This includes technical assistance for housing loans and the development of a water and sanitation project.


About Nicaragua

  • $4,800
    Average annual income
  • 44
    View loans »
    Nicaragua Loans Fundraising
  • $26,295,350
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Adolfo Rex purchase equipment and materials for his workshop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
May 24, 2014
Jun 26, 2014
Currency Exchange Loss:
Apr 23, 2015