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Glenda Esther
Glenda is a woman of age 48, a cosmetics retailer, and a weekend vendor of food. Through this she has achieved a better income.
Thanks to her efforts and thanks to the economic support of Afodenic through financing, she has been able to increase her inventory.
However, it has not been easy as she is a single mother of 2 children who has managed to educate herself, so that she now provides for the basic expenses such as food.

She sells the Avon brand products, so she works through catalogs and orders, but she always has products, though only a few. That is why this funding will help her to buy a variety of products such as women’s perfume, men’s cologne, eye shadow, lipstick, make-up, and other products that are sold rapidly.

Her goal is to have a display counter to display her products so that the customers appreciate the availability and she can achieve higher sales.
View original language description ↓
Glenda es una mujer de 48 años de edad, comerciante de cosméticos, y venta de comida los fines de semana. Logrando tener mejor ingreso
Gracias a su empeño ha logrado aumentar su inventario, y gracias al apoyo económico que Afodenic ha dado mediante los financiamiento.

Pues no ha sido fácil ya que es madre soltera de dos hijos que logro educar sola, el cual ahora aportan en los gastos básicos como alimenticios.
Los productos que vende son marca Avon, pues trabaja mediante catalogos y encargos, pero siempre tiene productos. Aunque tiene poco es por eso con este financiamiento lograra la compra de variedad de productos como. Perfume de mujeres, de hombre, estuche de sombra, pintura de labios, maquillaje, vanidad, loción entre otros que son de necesidad y que se venden rápido
Su meta es poder poner una vitrina para exhibir sus productos y puedan apreciarlos para lograr ventas altas.

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

  • $4,800
    Average annual income
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Glenda Esther purchase inventory of perfume, lipstick, make-up etc for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011