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Aracely Del Carmen
Aracely is a small shopkeeper who set up her convenience store 11 years ago. Thanks to her work ethic and financing, she has managed to increase her stock.
This has not been easy and there are days when Aracely sells little, but the variety in her stock helps business.
Aracely has had the support of her husband since setting up her shop and together they have improved their standard of living. Their living situation has also been improved by the financial assistance provided by Afodenic, as Aracely has received 11 loans which have helped her increase her sales and improve her standard of living.
This loan will permit Aracely to build a wall at the back of the shop and to purchase stone, sand, cement, iron, metal framework, and begin construction.
All this will benefit the shop and Aracely’s family.
View original language description ↓
Aracely es una pequeña comerciante, que inicio hace once años con una pulpería que gracias a su empeño de trabajo y financiamiento de la institución ha logrado el crecimiento en su inventario.
No ha sido fácil hay día que se vende poco. Pero como vende una variedad de productos se ayuda.
Ha contado con el apoyo de su esposo desde el inicio, y junto han logrado mejorar su vivienda. Así como el apoyo financiero que ha dado Afodenic ya que lleva once créditos en donde ha logrado aumentar sus ventas, el equilibrio, y mejoras de vivienda.
Con este préstamo lograra la construcción de un muro en la parte de atrás.
Comprara: piedra, arena, cemento, hiero, estribos, y comenzar la obra. Mejorando el resguardo de su negocio y el de su familia.

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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Aracely Del Carmen make structural improvements to her business and living conditions by building a wall at the back of her shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011