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Isaura Suyen
Young Isaura Suyen, 27, operates a business, selling clothing and footwear, that she started with her own and her husband's savings. The business has grown, little by little, over the last three years. She lives in the Reparto Espana neighborhood of Managua with her two children, 4 and 9, who are studying in local schools. Isaura will use the loan to buy clothing for men, women and children so that she can continue operating her business. In the future, she would like to own her own store. She's grateful to Afodenic for giving her the chance to borrow money for a business that has allowed her to get ahead in the world and have an income that she can use to help support her family.
View original language description ↓
La joven Isaura Suyen de 27 años de edad, se dedica a la venta de ropa y zapatos, el cual inicio con fondos propios que su marido ayudo, poco a poco ha ido creciendo y son tres años en este negocio. Reside en el barrio Reparto España en la capital de Managua con dos hijos de 4 y 9 años los cuales estudian en la escuela del barrio, con este crédito quiere comprar variedad de ropa para niños, damas y caballeros y seguir en las ventas. Sus planes a futuro es poder tener su propia tienda grande. Da las gracias Afodenic por la oportunidad con el préstamo que gracia a esto ha logrado superarse y tener sus propios ingresos que son de mucho para su familia.

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
  • 169
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Isaura Suyen buy merchandise to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2009
Listed
Aug 15, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010