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Gioconda
Gioconda is 44 years old and lives in Concepción de María barrio. She is married and the mother of 5 children.

Her business is to sell clothes and tortillas. She started the business some years ago with the object of generating income for her family. The business has improved the family's nutrition and helped with basic expenses, the most costly and necessary of all.

With this loan, she will invest in clothes to sell and various hundred-weights of corn, lime and charcoal, among other things, to augment the production and sale of tortillas. This should help her to capture more customers each day.
View original language description ↓
Doña Gioconda tiene la edad de 44 años, vive en el barrio Concepción de Maria, casada, madre de cinco hijos.
Su negocio es la venta de ropa, y venta de tortillas, negocio que inicio hace varios años con el objetivo de generar ingresos para su familia. Lo que vino a mejorar en la alimentación y pagos básicos. Que es lo mas caro y necesario.
Con este financiamiento lograra invertir en compra de ropa, compra de varios quintales de maíz, cal, carbón entre otros para aumentar su producción de venta de tortillas. Y lograr captar cada día clientes.

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
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Gioconda bUYING HUNDRED-WEIGHTS OF CORN, CHARCOAL, LIME, PLUS CLOTHES TO CONTINUE IMPROVING SALES INCOME.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2010
Listed
Jul 2, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2011