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Rosa Argentina
Rosa is a retailer that has grown thanks to the efforts of her work. She has a small general store, sells cosmetics and rents room. She has 17 years experience in sales.
She has the support of her husband and her children; the eldest sends her remittances from the United States of America, which has allowed her to expand her business. This is along with the financial support of Afodenic, through which she has improved the infrastructure of her home over the course of four loan cycles. Now, with this new loan, she will buy a 1,000 pound horizontal freezer and three large covers with the objective of being able to sell more products in her store, like meat, chicken, dairy products and sodas.
View original language description ↓
Rosa es una comerciante que ha crecido gracias al empeño de su trabajo, pues posee una pequeña pulpería, venta de cosmético y el alquiler de cuartos, con diecisiete años de experiencia en las ventas.
Contando con el apoyo de su esposo y sus hijos, pues el mayor le envía remesa de los Estados Unidos de América, lo que ha logrado ir ampliándose en su negocio. A si como el apoyo financiero de Afodenic, siendo con cuatro ciclos en donde ha mejorado la infraestructura de su casa.
Hoy con este nuevo préstamo será para la compra de un freezer horizontal de mil libras y de tres tapaderas grande con el objetivo de poder vender más productos en su pulpería de carne, pollo y productos lácteos, gaseosas entre otros.

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
  • 120
    View loans »
    Nicaragua Loans Fundraising
  • $24,430,250
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Rosa Argentina to buy a 1,000 pound freezer to continue buying refrigerated products like: chicken, meat and soda among others.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 5, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 16, 2012