Check out other loans that are currently fundraising!
Rosa Elena
Rosa, 31, is married and the mother of five children. She has had a small clothing sales business for over a year that she started with a bit of capital she got when she was retired from the free zone since she has always worked to help her husband with expenses; he works as a Customs Agent.

What she wants to do now is invest in clothes, shoes and cosmetics to meet pending customer orders; 80% of her sales are on credit. For her, this financing is a great benefit because it will help her expand sales through varied clothing by having more products available. Her objective is to make some home improvements.
View original language description ↓
Rosa tiene la edad de 31 años, casada, madre de cinco hijos, con un pequeño negocio de venta ropa nueva, con más de un año vendiendo, el cual comenzó con poco capital de su liquidación en zona franca, ya que siempre ha trabajado para apoyar a su esposo con los gastos. El cual trabaja como despachador en una aduana.

Hoy lo que quiere es invertir en ropa, zapatos, cosmético y lograr poder cumplir con los encargos de sus clientes el cual el ochenta por ciento lo trabaja al crédito.
Para ella este financiamiento es de gran beneficio ya que podrá expandir sus ventas a través de ropa variada, al invertir más productos.teniendo como objetivo el mejoramiento de su vivienda.

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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Rosa Elena to buy clothes, shoes and cosmetics.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012