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Luisa Ercilia
Luisa has had her own business for the last 22 years; it’s an eatery that’s been growing thanks to the dedication she puts into her work to provide economically for her family. Her husband works managing a firm and he contributes the money he earns with his labor.

She is the mother of three children. One’s married and two go to university. Luisa has been very hardworking. She started out selling fried fast food. In time, she was able to open her dining room with the profits and then with loans from Afodenic was able to expand the dining room. Her specialty is roasted chicken that has become very popular with her customers.

She will use this new loan to buy 250 pounds of whole chicken and 250 pounds of beef and pork since these are the dishes that sell the most. Prices are reduced when she buys wholesale and she can then sell her dishes at affordable prices; this is why her sales have increased daily and this makes her satisfied.
View original language description ↓
Doña Luisa, cuenta con su propio negocio, un comedor desde hace veintidos años, el cual ha venido creciendo, al trabajar con dedicacion en su negocio para el apoyo economico de su familia, su esposo se desempeña en administracion de empresa, el cual ha apoyado con el dinero de su labor.
Es madre de tres hijos, uno casado y dos estudiante de la universidad, doña luisa, ha sido muy trabajadora, comenzo con la venta de fritanga , lo que con los años, puso su comedor con las ganancias y luego con financiamiento en Afodenic, logro ampliar a comedor, su especialidad en comida es el pollo asado al horno, pues se ha hecho gustar muchos por los clientes.
Con este nuevo prestamo sera para la compra de docientas cincuenta libra de pollo entero, docientas cincuenta libra de carne de res y cerdo. Siendo los platos que mas se venden., al comprar al mayor, le rebajan y da a precios accesibles su comida, es por eso cada dia sus ventas han crecido. El cual esta sastifecha.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Luisa Ercilia to buy chicken and meat.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Sep 27, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012