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Lili Elivira
Mrs. Lili Elivira Q. G. is 55 years old and a single mother of three grown children, who live in their own homes with their families and have their own work. She has been making a living selling clothes and shoes for the last 40 years. This is the main activity that provides for her survival. Due to an accident she has not been able to dedicate the appropriate time to make her business prosper. Her parents have in the past provided the financial support for the purchase of merchandise. Because of the accident her sales have diminished, a slowed demand due to her inability to to move and work. She is requesting a loan for the purchase of merchandise which will allow her to open a store in her home and her customers will be able to come to her house. This investment will allow her to be in her home selling her products and increasing her sales through the increase in her inventory.
View original language description ↓
La señora Lili Elivira Q. G., tiene 55 años es madre soltera tiene 3 hijos mayores de edad que habitan en sus propios hogares con sus familias y trabajan todos por cuenta propia, ella se dedica a vender ropa y zapatos desde hace 40 años siendo este su principal actividad de supervivencia, pero un accidente le imposibilito el dedicarle el tiempo necesario para hacer prosperar su negocio, fueron sus padres quienes la apoyaron hace años atrás con los recursos económicos para la compra de la mercadería, a raíz del accidente sus ventas han disminuido y por la poca demanda debido a su poco trabajo y fuerza para movilizarse es por esta razón que solicita u préstamo para la compra de mercadería que le admita instalar una tienda en su hogar y que la misma clientela llegue a su vivienda, esta inversión le favorecera estar en su hogar ofreciendo sus productos y vendiendo mas por el aumento en la oferta de los mismos.

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
  • 143
    View loans »
    Nicaragua Loans Fundraising
  • $24,080,875
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Lili Elivira purchase merchandise for her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Nov 4, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011