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Maritza Magda
Maritza E. has three lovely children. Her daughter is married, and the other two go to school to get a good education. With her husband’s help, they hope to be able to give them the support for their studies. Her husband is a nurse, and he has worked for the Nicaraguan Air Force for 15 years. It is steady work, but his salary is low. Therefore, for 10 years Maritza has been selling glasses, cell accessories, bags, hats, wallets, and a variety of accessories. She is a street vendor at a stoplight. She does this to pay the expenses of food, water, light, and education. She started her sales with a little money that her husband gave her. Everyday she went to the stoplight. Now she is located on Linda Vista in front of the Unión supermarket. She takes advantage of the customers who come to buy. There is less danger from accidents on the road and robberies. She is in the sun less, and she is selling more.

That is why she wants to use this loan to buy more glasses, hats, TV remote controls, Christmas hats, mechanical pencils, and other things that help her generate more sales in her business.

Her plan is to be able to keep building her house to be able to live in a decent house with her loved ones.

She is grateful to the institution for the economic support to invest in her small business.
View original language description ↓
La señora Maritza E., es una madre de familia de tres hermosos hijos, de los tres la hija mujer esta casada, y los otros dos estudian para tener una buena educación. Con ayuda de su esposo esperan poder darle el apoyo con los estudios. Su esposo es enfermero y trabaja para la fuerza aérea de Nicaragua desde hace quince años trabajo fijo lo único que su salario es bajo. Es por eso doña Maritza tiene diez años vendiendo gafas, accesorios de celulares, cartucheras, gorras, billeteras y una variedad de accesorios vende ambulante en un semáforo para poder sustentar los gastos de alimentación, pago de agua, de luz y los gastos de estudios. Cuando inicio lo hizo con dinero que su esposo dio con poco comenzó su venta, todos los día se trasladaba en un semáforo pero ahora esta ubicada en Linda Vista en frente del súper mercado la Unión y aprovecha a toda la clientela que llega de comprar lo cual esta mas segura por los accidente de la carretera, robo y se asolea menos del sol y esta vendiendo mas. Es por eso quiere invertir con este financiamiento la compra de mas lentes, gorras, controles de TV, gorros navideños, lapiceros y otros que le ayude a generarle mejores ventas a su negocio. Sus planes es poder seguir construyendo su casa para poder vivir en una vivienda digna junto a sus seres queridos. Da las gracias a la institución por el apoyo económico para invertir en su pequeño negocio.

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

  • $4,800
    Average annual income
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Maritza Magda buy glasses, wallets, hats, remote controls for TVs, phone holders, Christmas hats, and other things to increase sales.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 5, 2009
Listed
Dec 6, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010