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Geoconda Elizabeth
Ms. Geoconda sells clothes and cosmetics, and during the weekends she makes soup to earn more income. She has been selling these products for six years, and she started with her own savings from her previous work as a domestic employee. What she wanted most was her own business, and thanks to her own efforts and the loans from Afodenic she established the sale of clothes; this is her ninth cycle. She is 34 years old and lives in the Hialeah neighborhood with her two children and her husband, who makes cabinets and helps her with everything. With this loan she will invest in purchasing clothes and cosmetics as she already has some orders. Her plans are to have better profits to keep building her house and to be able to give her children a decent home.
View original language description ↓
La señora Geoconda vende ropa y productos de cosméticos, y los fines de semana hace sopa para ganar otros ingresos, sus venta las hace desde hace seis años, la cual las inicio con fondos propios de su trabajo anterior ya que ella se desempeñaba como domestica y lo que mas anhelaba era tener su propio negocio, que gracias a sus propios esfuerzos y prestamos que Afodenic le hizo pudo establecer la venta de ropa este es su noveno ciclo. Tiene 34 años de edad, reside en el barrio de Hialeah, con dos hijos, su esposo es ebanista el cual me apoya en todo. Con esta solicitud va invertir en la compra de ropa y cosmético ya que tiene unos encargos. Sus planes es poder tener mejores utilidades para seguir construyendo su casa y poder dar a sus hijos una vivienda digna.

Additional Information

About AFODENIC

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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 20.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Geoconda Elizabeth purchase clothes and cosmetics.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2009
Listed
Apr 16, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010