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Josefa Antonia
Josefa is married. Her husband produces handmade plastics while her grown son is self-employed. One of her plans is to buy a sewing machine so that she can earn more household income. She also wants to acquire a motor with more horsepower to speed up production.


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.

View original language description ↓
Josefa casada, su esposo artesano plástico, su hijo mayor de edad trabaja por cuenta propia, unas de su planes es la compra de una máquina de coser siendo un ingreso mas al hogar y también adquirir un motor de mayor capacidad para agilizar la producción. Nuestra clienta trabaja como artesana de plástico junto a su esposo, lo iniciaron hace tiempo atrás siendo su principal fuente de trabajo. Con el préstamo comprara materia prima como: plástico para elaborar taza de pocillos, platos, vasos, panas entre otros productos. Siendo vendido en los distintos mercados del país. Agradece a la financiera por el apoyo al desarrollo de su negocio.

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
  • 179
    View loans »
    Nicaragua Loans Fundraising
  • $23,196,575
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Josefa Antonia to buy raw materials for making plastic goods.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2011
Listed
Aug 31, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 18, 2012