Josefa manufactures handmade plastics along with her husband. They started this business a long time ago as their main source of work. With this loan, Josefa will buy raw materials such as plastic for making cups and saucers, plates, glasses, wash bowls, and other products to sell in different markets throughout the country. She is grateful to Kiva lenders for their support so that she can develop her business.
About AFODENICThis 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.
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Success!! The loan was 100% repaid