Edith has been managing her store for the past three years, but her sales have been poor as of late because of the difficulties with the economy. For this reason, she wants to invest in a large quantity of new consumer products so that she can create new opportunities for her business and improve her household finances. Among the aspirations she has for her family is to prepare her children by providing them with an education. She hopes to support them in this endeavor and believes the loan will help her acquire more income by improving her facilities and supplying needed capital to pursue new projects.
Ella tiene una pulperia desde hace 3 años, pero dentro de las dificultades que le han golpeado su economía han sido las bajas ventas, ella para esto desea invertir en nuevos productos de consumo en masa que le pueden abrir nuevas oportunidades de mercado y mejorias a la economia del hogar. Dentro de las aspiraciones de la familia estan la preparación educativa de sus hijos para esto ella espera que se le brinde un apoyo, pues con el prestamo podría adquirir mejores ingresos que le permitirian mejores comodidades y el capital necesario para emprenderse a nuevos proyectos.
About AFODENICThis 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.
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