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Gloria Elena
Gloria Elena lives in the Nueva Guinea area with her family, which is composed of her husband and two minor children. From a very early age, she has raised cattle and farmed. These activities have produced income for family support.

Her greatest need in the economic sector is that she does not have sufficient funds to cover costs of her small farm. She needs this funding in order to be able to keep 7 calves because right now isn't a good time to sell them. She hopes that in another 15 months livestock prices will improve so that a sale will be more profitable.

Her husband supports her in the activities that aim for the common good of the family.

She gives thanks in advance for any help she may receive.
View original language description ↓
La señora Gloria Elena, vive en la zona de Nueva Guinea junto a su familia compuesta por 2 hijos menores y su esposo, su desde muy pequeña su principal actividad ha sido la ganaderia y cultivos agricolas sirviendole como una fuente de subsistencia en el nucleo familiar, la mayor necesidad que se le presenta es el sector economico pues no cuenta con los recursos que le permitan poder cubrir necesidades en su pequeña finca, necesita este financiamiento para retencion de 7 terneros puesto que no existe una buena comercializacion en el momento para este tipo de animal, espera que en el transcurso de 15 meses pueda haber un mejor precio en los semoviente y asegurar que su venta sea mas rentable, su compañero de vida le apolla en las diferentes actividades para el bien comun del la familia, desde ya agradece el apollo que le brinden.

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
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Gloria Elena to afford to keep 7 calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 12, 2010
Listed
Feb 14, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011