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Fatima Mercedes
Fátima is a small businesswoman who has grown in her business thanks to her tenacity and the support of our institution. She has been in her business for 5 years and began by making small purchases of merchandise. Today, with the help of Afodenic, her sales levels have risen and she is offering a greater variety of merchandise. She has also bought display cases to better display her products.

Fátima has the support of her parents who made it possible for her to start her business by providing her with financial help.

Fátima will use this new loan to buy: women's and men's pants, shirts, t-shirts, underwear, children's sandals, cosmetics and perfume. This will help her to sell more.
View original language description ↓
Fátima es una pequeña comerciante que ha crecido gracias a su tenacidad y apoyo de la institución, tiene 5 años de haber establecido su negocio, iniciando con pequeñas compras de mercadería, hoy en día con Afodenic sus niveles de venta aumentaron al ofrecer más variedad en sus mercaderías, En donde ha comprado vitrinas para exhibir más sus productos.
Teniendo el apoyo de sus padres que hicieron posible este inicio, con ayuda económicas.
Con este nuevo préstamo comprara: pantalones para dama, caballeros, camisas, camisetas, ropa interior, sandalias para niñas, cosméticos, perfume. Logrando vender más.

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
  • 161
    View loans »
    Nicaragua Loans Fundraising
  • $23,192,125
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Fatima Mercedes to buy men's and women's pants, underwear and cosmetics which will improve her sales.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011