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Lorenza Catalina
Sra. Lorenza Catalina C. is 41 years old and lives in the neighborhood of Buenos Aires, which is located in the town of Ticuantepe. She and her husband work together and support one another with the household expenses. They have four dependent children who all attend school. Their plans include providing their family with better living conditions since they do not have any privacy. The living room currently houses Lorenza’s business and the rest of her family feels a bit uncomfortable.


Five years ago, through her hard work and assistance from her husband, Lorenza was able to establish her small grocery store. However, increases in prices have prevented her from growing her business. Thanks to the approval of her loan, she will be able to better diversify her products so that she can generate better earnings. Lorenza plans to buy basic grains, candy, dairy products, cosmetics, and other items.


In the future, she would like to purchase construction materials to build a structure to contain her small business that is separate from her house.

View original language description ↓
La señora Lorenza Catalina C. , tiene la edad de 41 años , habita en el barrio Buenos Aires , ubicado en el municipio de Ticuantepe , junto a su esposo , el cual trabaja y el apoya con los gastos del hogar , ellos tiene cuatro hijos a su cargo , todo estudiantes , los planes hacia su familia es poder darle una mejor condiciones de vida , ya que ellos no tienen privacidad , por que la sala abarca la pulpería y ellos se siente un poco incómodos , desde hace cinco años con sus propios esfuerzos y el de su esposo logro establecer una pequeña pulpería , pero por la alza de precios no a incrementado su negocio , agradece por la buena aprobación de su préstamo ya que con esto va a diversificar mas sus productos para poder tener mejores ingresos, comprara granos básicos, golosinas, productos lácteos, cosmético entre otros. A futuros es poder comprar materiales de construcción y hacer en la parte de afuera de su hogar una caseta y trasladar su pequeño negocio a parte.

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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,386,550
    Funds lent in using Kiva
  • 20.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Lorenza Catalina purchase basic grains, candy, dairy products, cosmetics, and other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2009
Listed
Oct 14, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010