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Ana Maria
Ana Maria is 55 years old and lives in Ticuantepe. She is a single mother and has four children who are grown up and independent. One of her daughters supports her with the household expenses and in her business. Ana Maria's plan for the future is to improve the infrastructure of her business. For ten years, she has been selling baked goods such as 'rosquillas' (a type of doughnut), bread, 'picos' (mini breadsticks), etc. The biggest difficulty that she faces is the rise in the price of products such as flour, eggs and milk. This means that she has to make things a little smaller and accommodate her customers so that she doesn't have to stop selling. Ana Maria started her business through her own efforts. She would like this loan to buy sacks of flour, containers of oil, sugar, yeast, baking powder, corn, etc.
View original language description ↓
La señora Ana Maria tiene la edad de 55 años, habita en el municipio de Ticuantepe, ella es madre soltera, tiene cuatro hijos ya todos mayores e independiente, una de ella le apoya con los gastos del hogar y en el negocio, los planes hacia un futuro es poder mejorar la infraestructura del negocio, ya que ella desde hace diez años se dedica a la venta de ornadas, como rosquillas, pan, picos, etc. La mayor dificultad que se le presenta es alza de precios en los productos como harina, huevo, leche, entre otros lo cual tiene que hacer un poco más pequeño y poder acomodarle al cliente para no dejarlo de vender .Ella inicio este negocio con sus propios esfuerzo . El crédito lo quiere para la compra de sacos de harina, bidones de aceite, azúcar, levadura, polvo de ornear, maíz, etc.

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
  • 90
    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 $475 helped Ana Maria to buy supplies for making bread.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012