Ana has been farming for seven years. Her parents provided her with a plot of land so that she and her children could get ahead. Ana’s greatest difficulty in growing pineapple is the lack of resources to acquire fertilizers and other supplies to improve her production. Her first loan was used to help part of her plantation recover from an invasion of pests. She thanks AFODENIC for the support that was provided to her.
Her second loan will be invested in agricultural supplies so that she will be able to sell her crops at a better price and make her payments on time. She is grateful for this opportunity and appreciates that these development programs are available to help many farmers and small business owners.
About AFODENICThis 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.
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Success!! The loan was 100% repaid