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Candida Rosa
Candida is an enterprising woman. She has been selling domestic appliances and cosmetics for 15 years. She started the business to obtain earnings so that her four children could continue studying. She is 56 and lives in the Hialeah district of Managua.


Lack of finance prevented her from expanding. She will use the loan to buy domestic appliances and cosmetics to sell to her customers. She is grateful to Afodenic for the loans she has received and because these two loans have enabled her to expand. She plans to increase sales volume and have more customers.

View original language description ↓
Doña candida es una mujer emprendedora, desde hace quince años se dedica a las ventas de electrodomésticos y cosméticos, que inicio con la iniciativa de tener ingresos para poder apoyar a sus cuatro hijos para que estudien. Tiene 56 años de edad, reside en el barrio Hialeah en la capital de Managua, no ha podido crecer por falta de financiamientos. Con este préstamo va invertir en electrodomésticos y variedad de cosmético para ofertar a sus clientes. Da las gracias Afodenic por los créditos otorgados y por el crecimiento que ha tenido con estos dos préstamos. Sus planes es poder incrementar el volumen de venta y tener más clientes.

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

  • $3,636
    Average annual income
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Candida Rosa buy domestic appliances and cosmetics.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2009
Listed
Jun 12, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010