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Ana Maria
Ana is a merchant with more than nine years experience selling clothes and cosmetics. Thanks to her sales she’s helped her family have better economic conditions. Her husband works as a driver. Her young son is in elementary school.

Ana started this business on her own initiative and with little capital that she improved with loans from Afodenic that she’s gotten in four cycles. She will use this new loan to buy assorted clothes and cosmetics which are in high demand and for which she has pending customer orders.
View original language description ↓
Doña Ana, es comerciante, con más de nueve años en la venta de ropa y cosmético, gracias a sus ventas a ayudado a su familia, a tener mejores condiciones económicas. Su esposo labora como conductor. Y su hijo menor cursa la primaria.
Ana inicio este negocio, con iniciativa propia y con poco capital, lo que vino a mejorar y aumentar con financiamiento que Afodenic, ha otorgado en cuatro ciclos. Con este nuevo préstamo será para la compra de ropa variada y cosmético, siendo de mucha demanda, el cual tiene pedidos de sus clientes.

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
  • 164
    View loans »
    Nicaragua Loans Fundraising
  • $23,187,275
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Ana Maria to buy clothes and cosmetics.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2011
Listed
Jun 12, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012