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Xiomara Indiana
Doña Xiomara is 58 years old. She has been dedicated to a number of businesses selling items such as food, pupusas, cosmetics, clothing, and shoes in order to generate income. She has raised six children, of whom one is a university student. Her husband is a merchant who sells vehicle spare parts. He provide supports to her business and helps with covering the household expenses. In addition, the Institution has helped her grow her business. Since she has been able to sell a wide variety of products, her clientele has increased as well as her available resources.


With this loan, Xiomara will purchase school clothes including skirts, pants, shirts, socks, and shoes. She will also acquire a cooking grill for preparing pupusas. She already has one, but another one is needed so that she can keep up with customer demand. Xiomara currently sells her products at the park in the Máximo Jerez division. Her pupusas sell very well because of the rich flavor and their prices are cheaper than those sold in the capital city of Managua. She also sells cosmetics at the same location. In the future, she want to equip a location in her home with display cases so that she can exhibit her products.

View original language description ↓
Doña Xiomara tiene 58 años de edad, es una mujer dedicada al negocio que durante varios años ah logrado la captación de clientes, ya que vende una variedad de productos como: comida, hace pupusa, cosméticos, ropa y zapatos todo lo que le genere ingreso. Procreo seis hijos, de los cuales solo uno estudia en la universidad, su esposo es comerciante de repuestos de vehículos, en donde ha recibido su apoyo para crecer en su negocio ya que comparten los gastos, también la institución en donde ha logrado junto a ella su crecimiento. Ya que ha podido vender variedad de venta de comida, cosmético, ropa y zapatos aumentado su clientela como sus disponibilidad. Con este financiamiento quiere invertir en ropa escolar desde falda, pantalones, camisas, calcetas, zapatos así como una cocina de plancha para hacer pupusa, ella ya tiene una pero desea otra para no atrasar al cliente ya que tiene pensado ubicarse en el parque de la colonia Máximo Jerez para vender pupusa que se venden bien por se rica y baratas en nuestra capital de Managua. Ya que cosmético tiene . A futuro es poder poner un local en su casa con vitrinas para exhibir su venta.




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
  • 112
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Xiomara Indiana purchase school clothing & a cooking grill.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2010
Listed
Jan 23, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 16, 2010