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Damaris Margarita
Damaris is an enterprising woman who has been dedicated to her work from a young age. She has managed a store for several years. Today it provides the income she needs to cover her expenses since she does not receive any support from her ex-husband. Her work has enabled her to provide her children with a decent home as well as an education. She has three children, but only one is still a dependent since the others are already working.

Damaris sells a variety of products through her business. She has invested the loans from AFODENIC to achieve better sales and make more products available to her customers. At the moment she has very little merchandise, so she will use this loan to buy basic grains, candies, sodas, meat, chicken, dairy products, school supplies, and other products so that she can generate more sales.

View original language description ↓
Damaris es una mujer emprendedora, muy dedicada al trabajo desde joven,
Siendo su negocio una pulpería que administra desde hace varios años. Hoy su fuente de entradas en donde cubre sus gastos ya que no cuenta con el apoyo de su excompañero. Y ha logrado trabajar para poder dar un techo digno como sus estudios a sus hijos.
Procreo tres hijos de los cuales solo uno depende de ella, ya que los otros ya trabajan.
En su negocio vende una variedad de producto, que ha logrado invertir con financiamiento que Afodenic ha dado logrando mejores ventas y más productos accesibles a sus clientes.
Hoy en día tiene poco mercadería lo que con este financiamiento podrá comprar granos básicos, golosinas, gaseosas, carne, pollo, lácteos, productos escolares entre otros para lograr vender mas.

Additional Information


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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Damaris Margarita purchase basic grains, candies, sodas, meat, chicken, dairy products, school supplies, and other products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 23, 2010
Sep 1, 2010
Currency Exchange Loss:
Oct 15, 2011