Mercedes is an older woman who works very hard at her business of six years, which is selling tortillas and fruit juices. She has worked very hard since she was young because she has been a single mother who had to do a lot of work to provide her family with the necessities. When she started her business, she did it with very little and with her own money.
Her house is made half of stone, half of wood, and she hopes to invest in it in the future.
Now, with this loan, she will invest in the purchase of several quintales [1 quintal = 46kg] of corn, firewood, bowls for selling, and fruits to make a variety of juices. She will also hire another young girl to help her to make the tortillas by hand. She already has a girl who helps her pat the tortillas, who she pays seventy córdobas a day. This way, she will not have to be in front of the fire three times a day, and can tend to distributing the beverages. With this investment, she hopes to increase her production and to bring in more profits.
Mercedes es una mujer de edad avanzada, muy trabajadora siendo su negocio la venta de tortilla y refrescos desde hace seis años.
Pues le ha tocado trabajar desde joven, ya que ha sido madre soltera lo que ha tenido que trabajar mucho para dar lo necesario a su familia. Cuando inicio su negocio lo hizo con poco y con dinero propio.
Su casa es de piedra y mitad madera, lo que espera invertir en futuro.
Hoy en día a través del financiamiento como ha venido haciendo invertirá en la compra de varios quintales de maíz, copra de leña, panas para la venta, a si como frutas para hacer variedad de frescos. Y contratar otra muchacha para que le ayude a palmear ya tiene una joven que le ayuda a palmear tortilla el cual le paga setenta córdobas diarios, y no pasar los tres tiempos en el fuego ya que tiene que despachar los refrescos.
Y con esta inversión espera aumentar la producción y lograr mejores ganancias.
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.