Fátima lives in the town of Masaya together with her husband and children. Her plans for her family are to improve their living conditions. Fátima has been farming for several years. In particular, she grows cassava. The biggest problem that she faces is that she doesn't have enough capital to be able to invest in her business and provide her crops with the care they need.
Fátima will invest this loan in buying tree cassava, a plow, fertilizers, etc. She is grateful for the support that Afodenic are providing through their Kiva fund as, without these programs, it wouldn't be possible for her to make this investment as these funds provide a lot of benefits as a result of their low interest rates.
La señora Fátima, es habitante del municipio de Masaya, junto a su esposo e hijos, los planes hacia su familia es mejorar las condiciones de vida, desde hace varios años se dedica a trabajos campos, especialmente al cultivo de yuca, la mayor afectación que se le presenta es que no cuenta con un capital suficiente para poder realizar la inversión y sobre todo el mantenimiento que requiere, el préstamo lo va a invertir en la compra de madera de yuca, arado, fertilizantes, etc. Agradece el apoyo que le brinda Afodenic atrávez de fonda Kiva ya que sin estos programas no fuese posible la inversión ya que estos fondos se obtienen muchos beneficios por sus intereses bajos.
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.