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Josefa has her own business, it's a small grocery store where she has worked for several years. It is her means of supporting her family; she is married and the mother of four children who are students. Her husband works as a plumber.

To begin with, she used her own money that her husband had given her. Over the years, she has increased her sales and gained customers, and she has been able to balance her costs.

As of today, she has had three financing cycles with Afodenic, with which she has introduced more products. She sells natural fruit drinks in different flavors, and sells ice-cream.

With this loan, she will buy dairy products, meat, chicken, bulk grains, fruits for making the drinks, and other things. She is achieving growth for her business on a daily basis.
View original language description ↓
Josefa tiene su propio negocio, una pulperia que trabaja desde hace varios años, pues es el medio de apoyar a su familia, es casada, madre de cuatro hijos estudiantes. Su esposo labora como fontanero.
Al iniciar lo hizo con dinero propio que su espso dio, lo que atraves de los años ha crecido mas en ventas, ha logrado la captacion de los clientes, y podido equilibrar sus gastos.
Hoy en dia lleva, tres ciclos de financiamiento en Afodenic, lo que ha introducido mas productos, vende frescos naturales en diferentes sabores, venta de eskimo. Y con este prestamo comprara: productos lacteos, carne, pollo, granos basicos, frutas para hacer los refrescos, entre otros. Logrando el crecimiento de su negocio cada dia.

Additional Information


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
  • 120
    View loans »
    Nicaragua Loans Fundraising
  • $24,430,250
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Josefa to invest in the purchase of products for her small grocery store, achieving higher sales.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 27, 2011
Sep 8, 2011
Currency Exchange Loss:
Sep 18, 2012