Reyna Isabel is 36 years old and resides in the Laureles Norte neighborhood in the capital of Managua. She is single and has three children ages 7, 13, and 18; the eldest works and the two younger children study. She has run a small convenience store for many years, which has been difficult given that she does not have help from the father of her children. With this loan she will purchase basic grains, meat, candies, and other products to increase her sales and earn better profits. She thanks the institution for the opportunity to increase the inventory of her business, which will bring benefits for her family.
La señora Reyna Isabel de 36 años de edad, reside en el barrio Laureles Norte en la capital de Managua, soltera con tres hijos de 7, 13 y 18 años de edad, el mayor trabaja y los dos menores estudian su negocio es una pulpería que desde hace varios años administra, difícil ya que no tiene la ayuda del padre de sus hijos, con este préstamo que esta haciendo es para comprar granos básicos, carne, golosinas y otros productos para incrementar las ventas y poder tener mejores utilidades. Da las gracias a la institución por la oportunidad de incrementar el inventario de su negocio el cual traerá beneficios para su familia.
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.