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Maura
Maura is a small businesswoman. She sells second hand clothes, jewelry, and she rents a room. That is how she gets a better income in order to make the basic payments. She started with her own money that her ex-husband gave her. Later, through the institution, she has managed to make improvements to her home and expand her business.

Having her business in better selling conditions has been a great benefit to her because she has many financial obligations.

With this loan she will buy two bundles of mixed clothes, a bundle of pants, and a bundle of sheets. She will improve her sales, which she does from her house. Her customers purchase up to ten pieces of her goods. Each time she buys a bundle it goes very well for her.
View original language description ↓
Maura es una pequeña comerciante, dedicada a la venta de ropa de segunda mano, venta de joyas y alquila un cuarto. Obteniendo así un mejor ingreso para los pagos básicos.
Iniciando con dinero propio que su ex esposo dio. Luego Atreves de de la institución ha logrado las mejoras de su vivienda, el incremento de su negocio. Lo que para ella es de gran beneficio poder tener su negocio en mejores condiciones de ventas ya que tiene muchos compromisos que pagar.
Con este financiamiento comprara: dos pacas de ropa mixta, paca de pantalón y paca de sabanas. Y lograr mejores ventas, el cual lo hace en su casa de habitación en donde los clientes se llevan hasta diez piezas. Y cada vez que compra paca le va muy bien.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Maura buy a bundle of various garments to improve sales.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2010
Listed
Oct 22, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011