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Glenda Elyzabeth
Doña Glenda has been selling cosmetics and clothing for eight years. She has been able to attract customers and is pleased to have the support of her husband and their two young children. Her husband works as a taxi driver.


Her work has not been easy. She sells Avon products and has had many customers who did not pay, thereby resulting in losses. However, she continued to press forward. Thanks to the eight loans she received from AFODENIC, Glenda was able to buy more clothing of various types so that she could fulfill more orders.


Today she is requesting a new loan to invest in clothing for women, men, and children. Glenda will also purchase Avon cosmetics such as perfumes, compacts, crèmes, lipsticks, eyebrow pencils, lip gloss for children, and other products to sell.

View original language description ↓
Doña Glenda se dedica al negocio de venta de cosmeticos y venta de ropa, con ochos años en las ventas, pues ha logrado captar clientes y esta contenta por poder apoyar a su esposo y asus dos pequeños hijos. Su esposo labora como cadete de taxi.
Para ella no ha sido facil, ya que los productos que vende son de Avon y muchos clientes no le han pagado, teniendo perdidas. Pero ha seguido adelante. Gracias a prestamo que Afodenic ha otorgado en ocho ciclos, de los cuales ha comprado mas ropa variada y mas pedidos.
Hoy con este nuevo financiamiento invertira en ropa de dama, caballeros,niños y cosmeticos de la Avon en perfume, vanidad, cremas, pintura de labios, lapiz de ceja, brillos de labios para niños, entre otros productos que se vendan.

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
  • 80
    View loans »
    Nicaragua Loans Fundraising
  • $23,617,600
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Glenda Elyzabeth to purchase a variety of cosmetics and clothing.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2011
Listed
Sep 3, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012