When Dunia began her business, she started with very few savings that her partner gave her and she used them to stock her inventory and with the loans from Afodenic (Kiva’s field partner) given to her in a previous loan. Dunia has had better sales and more customers.
Dunia has also been using the loans to make improvements to her home which gives her great satisfaction. With the new loan she will buy zinc sheets, tile, solder, and solvents to change her kitchen’s roof. This will allow her to have a better home.
Cuando comenzó lo hizo con pocos ahorros que su compañero dio, lo que vino a reforzar su inventario con préstamos que Afodenic dio mediante el financiamiento a plazo. Obteniendo mejores resultados de venta como la captación de clientes.
También a través de estos préstamos está mejorando su vivienda, lo que para ella es de gran satisfacción. Con este nuevo préstamo comprara láminas de zinc, perlines, soldadura, diluyente, para cambiar el techo de la cocina. Logrando una mejor vivienda.
About AFODENICThis 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.
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Success!! The loan was 100% repaid