Check out some available loans that are similar to this one!
Ileana Maria
Ileana Maria M., 45, lives in the Medardo Andino neighborhood. Her husband is an electrician and he helps her with household expenses. They have two daughters, who are 14 and 15 years of age, both of whom are in secondary school.

For the last 10 years she has sold cosmetics and, among her plans for the future, is opening a store with a feminine focus. However, a challenge she faces is the lack of available financing or cash flow because some of the customers haven’t paid for their orders.

However, she will continue to work with new customers under revised payment plans so that she can avoid having payment defaults.

She is asking for funding to buy cosmetics so that she can enlarge her business thereby producing better economic conditions that will be favorable for her new family projects.

She is a responsible woman, who has many acquaintances, all of whom attest to her good character.
View original language description ↓
La señora Ileana Maria M., tiene la edad de 45 años, vive en el Barrio Medardo Andino, es casada su esposo es electrisista y le apoya en los gastos que se incurran en el hogar, la familia tiene 2 hijos de las edades de 14 y 15 años, ambas mujeres que estan estudiando la escuela secundaria.

Ella se dedica desde hace 10 años a la venta de cosméticos y dentro de sus principales planes que tiene para el futuro esta la apertura de una tienda con enfoque femenino, pero dentro de los problemas a los que se ha enfrentado, esta la falta de financiamiento o de fluides en sus utilidades, debido a que ha tenido clientes que no le cancelan sus pedidos, pero continuara trabajando con nuevos clientes bajo nuevas condiciones de pago, para evitar la morosidad de los mismos, ella solicita de un prestamo para la compra de cósmeticos y que esta inversión le ayude a la ampliación de su negocio y ha mejores condiciones económicas que le favorezcan para nuevos proyectos de vida a la familia.

Ella es una mujer responsable y tienen muchas amistades, que ratifican la buena fé de la señora M..

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
  • $23,443,675
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Ileana Maria to buy beauty products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2010
Listed
Mar 13, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011