Ivonne sells clothes, cosmetics and perfumes. She has been in this business for two years. She started out selling furniture. She was able to have her products on credit because her husband was a carpenter. This meant that she was able to provide her customers with better prices.
Ivonne has managed to balance her sales thanks to the loans that Afodenic have given her over several loan cycles. She has invested her loans in clothes and cosmetics which she sells through catalogs. She gives her customers two weeks to pay for their products.
Ivonne will use this new loan to buy two dozen pairs of children's pants, ladies' t-shirts, perfume and cosmetics in order to increase her sales and fill her orders.
Ivonne es negociante en venta de ropa, cosméticos y perfumería con más de dos años en este negocio, el cual inicio con ventas de muebles teniendo la facilidad que le dieran al crédito, ya que su esposo trabajaba en carpintería, lo que daba a mejor precio a sus clientes.
Ha logrado equilibrar sus ventas, gracias a los financiamientos que Afodenic ha dado en varios ciclos en donde ha invertido en ropa, cosmético el cual vende por catálogos, dando en créditos de quincena a sus clientes.
Con esta nueva inversión, lograra la compra de: dos docenas de pantalón de niños, camisetas, de dama, perfume y cosmético para aumentar las ventas y cumplir con la demanda de los pedidos.
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.