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Señor Jorge is 44 years old, a resident of the neighborhood Laureles Sur in the capital of Managua. He is married to his wife who is a homemaker. He has three children of 2, 8 and 12 years of age; two study, and the oldest supports her parents in her free time. His family plan is that his children will be prepared and see a better future. Don Jorge is a baker and has worked for six years. In the future, he wishes to obtain his own baking business to provide customers with quality products and a rich variety of breads. Thanks to loans from Afrodenic, he will fulfill his investment in bakery equipment such as an oven, blender, among others to begin working on his own business.
View original language description ↓
El Sr. Jorge tiene la de edad de 44 años, habitante del barrio Laureles Sur en la capital de Managua, casado su esposa es ama de casa, tiene tres hijos de 2, 8 y 12 años de edad, dos de ellos estudian y en sus tiempo libre la mayor ayuda a sus padres. Los planes en el ámbito familiar es que sus hijos se preparen y verlos con futuro mejor Don Jorge tiene su profesión de panadero y trabaja vendiendo desde hace seis años. A futuro es obtener su propio negocio de panadería para brindarles a los clientes sus productos de calidad y ricos panes variados Gracia a los préstamos de Afodenic lograra invertir en equipo de panadería como: horno, batidora entre otros. Para comenzar a trabajar en su propio negocio

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
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Jorge to purchase a blender, oven, and others to make bread.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 6, 2008
Jan 1, 2009
Currency Exchange Loss:
Oct 15, 2009