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Yaritza Yurie
Yaritza continues adding inventory to her grocery store. Now she is expanding the fruit and vegetable section. It has taken some years to increase earnings with her husband helping in the basic household expenses. He does not have a steady job since he is a contract worker. Her two young children continue their course of studies with the youngest having been in bad health, which has meant more expenses in order to buy medicine.

Through the loans they have received they have built a porch and a sanitary bathroom, and they have added merchandise to their store. With this new loan she will buy basic grains such as rice, beans, sugar, boxes of soap, a large container of oil, personal care products, dairy products, meat, chicken, and soda as these are the items that are most requested by their customers.
View original language description ↓
Doña Yaritza, sigue creciendo en inventario, en su negocio como pulperia, ahora ah aumentado la venta de frutas y verduras, pues lleva varios años apoyando a su esposo en los gastos basicos del hogar, al obtener mejores ganancias, ya que el, no tiene un trabajo fijo, solo trabaja por contrato, sus dos pequeños siguen cursando el año escolar, el menor ha estado un poco mal de salud, lo que ha tenido mas gastos al comprar medicina.
Atraves de estos financiamientos, ha logrado, la construcion de su porche, construccion de baños higienicos, y aumento de mercaderia para su pulperia. Con este nuevo prestamos sera para invertir en granos basicos como: arroz, frijoles, azucar, caja de jabon de lavar, bidon de aceite, productos de uso personal, productos lacteos, carne, pollo, gaseosa, siendo estos los mas demandado por sus clientes.

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

  • $4,800
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,551,600
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Yaritza Yurie to buy various products for her business which are requested by her clients which will help her maintain good sales performance.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Oct 11, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 18, 2012