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Lili Elvira
Lili is a single mother. Her children work and they contribute financially. She is a hardworking and enterprising woman who has had her own clothing sales business for some time. It is her source of income. Her plans are to increase her sales by introducing a new variety of products. She started out with the help of a loan. She has had difficulties when she gets sick because she needs to seek medical treatment. this loan will be invested in the purchase of merchandise: shoes, clothing for ladies, men, and children, undergarments, jewelry, sandals, ladies' accessories, perfumes, and other products that generate a larger profit.

She is thankful to the organization for their support in the development of her business and in the improvement of the quality of her life.
View original language description ↓
Lili madre soltera, sus hijos trabajan y le ayudan económicamente. Mujer trabajadora y emprendedora tiene su propio negocio venta de ropa desde hace un tiempo siendo su ingreso. Sus proyecciones es aumentar sus ventas ingresando nueva variedades de productos. Inicio con ayuda de créditos, ha tenido dificultades cuando se enferma ya que tiene que tratarse medicamente. El préstamo será invertido en la compra de mercaderías: zapatos, ropas de damas, caballero y niños, ropa interior, bisutería, sandalias, artículos para damas, perfume entre otros productos que le generan mayor ganancia.
Agradece a la financiera por su apoyo al desarrollo de su negocio mejorando su nivel vida.

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

  • $3,636
    Average annual income
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Lili Elvira to purchase merchandise for her store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2011
Listed
May 25, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011