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Maria Del Carmen
Maria López, 49, is a hard-working woman who has been able to maintain her business. Fourteen years ago she set up a small mini market, and it has been growing. Her husband works as the head of security. They have two children, 9 and 13. The children attend school. They live in the Recreo neighborhood in the capital of Managua.

She has been having low sales. The customers to whom she gave two weeks credit have not paid in full. In the past months she has not had the expected earnings. The only things that have helped keep a balance of products are the loans.

This is her second cycle. She will buy chicken, meat, eggs, bread, sweets, juice, soft drinks, and a variety of products to satisfy her customers’ needs. She will pay her basic bills, cover the cost of food, pay the school expenses, and pay the loan. Thanks to her good service she has not lost her small mini market. It is her source of work and helps give her children the best.
View original language description ↓
Doña Maria López tiene 49 años de edad, mujer esforzada que ha logrado mantener su negocio desde hace catorce años puso una pequeña pulpería y ha ido creciendo, su esposo trabaja como responsable de seguridad, procreo dos hijos uno de 9 y 13 años de edad, los dos cursan sus estudios, viven en un barrio el Recreo en la capital de Managua, ha venido teniendo ventas bajas, los cliente que la de crédito par ala quincena no le han pagado todo, y en estos últimos meses no ha tenido las ganancias esperada, lo único que le ha ayudado son los financiamiento para lograr mantener el equilibro en sus productos este es su segundo ciclo el cual comprara, pollo, carne, huevo, pan, golosinas, jugos, gaseosas y una variedad de productos que sastifagan la necesidad del cliente como pagar sus cuentas básicas, cubrir los alimentos, los gastos del colegio, y el pago del préstamo que gracias a su buen servicio no ha perdido su pequeña pulpería. Que es su fuente de trabajo y de ayuda para dar a sus hijos lo mejor.

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
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Maria Del Carmen buy meat, eggs, milk, sweets, and a variety of products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2009
Listed
Nov 4, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010