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Maria Marcela
Doña Maria has a small business; her business is selling fried food, soft drinks, and candy, and she has been making sales for over fourteen years.

Today, she is further increasing her food production of varied dishes with increased capital, which she achieved through loans with Afodenic. These loans are a great opportunity for investment with affordable installments.

Now this new loan will be for the purchase of varied food-related supplies. She will buy meat, chicken, pork, yucca, cabbage, five hundred plantains, tomatoes, vinegar, aprons, cups and plates, as well as a drum of oil, rice, beans, sugar, fruits and vegetables to continue offering variety to her customers.
View original language description ↓
Doña Maria es pequeña comerciante, su negocio es la venta de fritanga y gaseosas, golosinas, con mas de catorce años en las ventas.
Hoy en dia aumentado mas su produccion de alimentos en comida variada, al aumentar su capital, el cual lo ha hecho atravez de prestamos en Afodenic, siendo de gran oportunidad para la inversion por ser aplazos accesibles.
Hoy con este nuevo prestamo sera para la compra de mercaderia variada en alimentos en la compra de carne, pollo, chicharon, yuca, repollo, quinientos platanos, tomate, vinagre, gabachas, vasos y platos desechables, asi como vidon de aceite, arroz, frijoles, azucar, frutas y verduras para seguir ofertando a sus clientes variedad.

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

  • $4,800
    Average annual income
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,753,075
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Maria Marcela to buy meat, chicken, basic grains, plantains, sodas. and other products that will help her to grow her sales of fried food.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2011
Listed
Aug 12, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012