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Eugenia Raquel
Eugenia is an ambitious 29-year-old woman and mother of three children. She works selling silver jewelry and new clothing. She has be doing this work for several years now and this is how she makes her living. She has the support of her husband, who works as a plumber, which has allowed her to make certain home improvements. She will use this funding to invest in the purchase of a variety of women's and men's clothing, silver jewelry and other products such as cosmetics and underwear. She plans to continue growing her business, thanks to the investment made possible by AFODENIC.
View original language description ↓
Eugenia es una mujer emprendedora, tiene la edad de 29 años, madre de tres hijos, se dedica al comercio de venta de prendas de plata, ropa nueva. El cual lleva varios años vendiendo y es su medio de ingreso.
Tiene el apoyo de su esposo, el cual labora como fontanero, lo que le ha permitido hacer mejora a su vivienda.
Con este financiamiento invertirá en la compra de ropa variada de dama y caballeros, prenda de plata entre otros productos de cosmetico y ropa interior.
Como planes es poder seguir incrementado su negocio, que atreves de Afodenic se hace posible esta inversión.

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

  • $4,800
    Average annual income
  • 135
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Eugenia Raquel purchase of new women's and men's clothing and silver jewelry.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011