Freddy is a hard-working man who lives with his life partner and children. They are a humble family. Freddy is an entrepreneur who has a small bakery business. With a lot of effort and a desire to improve himself, he has found a way of earning a living. Freddy started his business with his own funds some time ago. His short-term plan is to continue increasing his production and profits.
Freddy needs this loan to buy raw materials. He will buy flour, yeast, sugar, butter, oil, butane gas and other materials for making his products.
Freddy hombre trabajador, vive con su pareja de vida e hijos, familia humilde. Emprendedores en el campo de la panadería teniendo su micro empresa. Con muchos esfuerzos y deseo de superar han encontrado la manera de obtener el sustento diario. Iniciaron con fondos propios desde hace un tiempo. Sus proyecciones a corto plazo es continuar incrementando su producción y utilidades. El préstamo será requerido para la compra de materia prima siendo utilizado para mejorar el bienestar financiero del cliente. Comprar harina, levadura, azúcar, manteca, aceite, gas butano, entre otros materias para la elaboración de su producto.
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.