Check out other loans that are currently fundraising!
Nicolasa Candelaria
Mrs. Nicolasa Candelaria L. D. is 51 years old, lives in the Laureles Norte neighborhood, has two grown sons and a daughter who still lives at home. Nicolasa sells second-hand clothing in a popular market in the capital. Her husband works as security manager at the Transportation and Infrastructure Ministry.

The family's highest aspiration is to finish raising their daughter and to give her every professional opportunity to ensure her success in the future. They also want to finish their home and to improve the appearance of the new clothing store. For this, they are requesting this loan: to buy construction materials to improve the store to which they will be moving their business. Nicolasa hopes the support for this will come through, since the whole family will benefit financially from the improvements.

This is the second loan Nicolasa requests from Kiva partner Afodenic. The previous loan was used to buy supplies, and now that they're opening a new store, Nicolasa and her family's progress emphasizes the importance of Kiva.
View original language description ↓
La señora Nicolasa Candelaria L. D. tiene 51 años de edad y vive en el barrio Laureles Norte, ella es madre de 2 hijos mayores de edad y una hija la cual está bajo su responsabilidad. Se dedica a la venta de ropa usada en un conocido mercado de la capital. Su esposo trabaja como jefe de seguridad en el Ministerio de Transporte e Infraestructura.

La mayor aspiración de la familia está el terminar de criar a su hija y darle todos los estudios profesionales para un futuro prospero, así como también el culminar la construcción de la casa y mejorar el local del negocio para poner una tienda de ropa, para este último propósito es que solicitaron este préstamo, con el crédito compraran los materiales de construcción necesarios para remodelar el local en donde instalaran el nuevo negocio, ella espera se le brinde un apoyo, pues le beneficiaria económicamente a toda la familia en el mejoramiento continuo del nivel de vida.

Este es el segundo prestamo que tienen con Afodenic, en el pasado pudo realizar la compra de mercaderia, ahora que le ha sido factible es que estan planificando la apertura de la tienda, se hace una énfasis del progreso de la familia, gracias a los fondos Kiva.

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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Nicolasa Candelaria buying construction materials to open a new store.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2010
Listed
Feb 15, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2011