Doña Olga runs a second hand clothing shop and sells Avon cosmetics, a new area of sales that helps her cover household expenses. Her husband works as a laborer, and they are raising two children, supporting their education and household well-being. Olga will use this credit to buy varied items such as clothing and Avon products. She plans to fulfill client requests, and will work to grow her sales business. When he's not working, her husband will help her with sales. This loan was made possible through financing by Afodenic.
Doña Olga, mantiene su negocio en venta de ropa de segunda mano, venta de cosmeticos Avon, el cual ha introducido como producto nuevo, para ayudarse mas con los gastos, su esposo labora como albañil, apoyando a sus dos hijos, con la educacion, y moral, para un bienestar comun de la familia.
Olga, comprara dos pacas surtida y productos Avon, el cual trabaja por catalogo y pedidos de sus nuevos clientes, matiene productos por que quiere crecer, para fortalecer su negocio, ya que cuando su esposo no labora en la construccion, todos se apoyan. Y que tambien se ha hecho posible esta inversion a los financiamiento con 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.