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Juana Mercedes
Señora Juana Mercedes R. R. lives in the neighbourhood of Waspan Norte. She is 41 years old and lives with her life partner who is a driver at the Oriental Market. She has a daughter who is a wonderful help in her business selling fruit and vegetables on the seashore from a rented pickup.

Juana wants a loan so that she can buy a small pickup. She has had problems with the owner of the rented vehicle and so has decided to buy her own. It will give her greater mobility and decision-making capacity, ensuring more sales and guaranteeing an improvement in her standard of living.
View original language description ↓
La señora Juana Mercedes R. R., vive en el Barrio Waspan Norte tiene 41 años de edad y vive con su compañero de vida el cual es carretonero del Mercado oriental, tiene una hija la cual le apoya incondicionalmente en el negocio, ella se dedica a vender frutas y verduras a las orillas del mar en una camioneta prestada, desea que le apoyen con este crédito pudiéndose comprar una camioneta debido a que se le han presentado problemas con el dueño del móvil por tal razón decidió comprarse una propia que le permita una mayor movilidad y decisión, esto le aseguraría un aumento en la ventas garantizándole una mejora en sus condiciones de vida.

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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $23,422,650
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Juana Mercedes to buy a pick up truck.
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:
Dec 15, 2010