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Gloria Maria
Gloria continues to sell goods in her grocery store, and her goal is to invest in more products as she doesn't have much in stock because it has been a difficult year for her. First, she had a problem with her feet, and later her brother died, and she had to make expenditures.
She can always count on economic support from her husband, who sells dairy goods, and her working children. And now, with this new loan, she wants to buy in greater quantity goods such as staple grains, large quantities of rice, beans, sugar, corn, boxes of soap, oil, candies, Coca Cola products, cereals, and other things that are in demand from her customers.
She hopes to continue balancing her sales and to have better returns.
View original language description ↓
Doña Gloria, continua vendiendo en su pulperia, en donde su objetivo es invertir mas en productos, ya que tiene poco en mercaderia, ya que ha sido un año dificil para ella, primeramente se enfermo de sus pies, y luego su hermano murio, en donde tuvo que hacer gastos.
Siempre cuenta con el apoyo economico de su esposo, quien vende productos lacteos, sus hijos trabajando, y hoy con esta nuevo financiamiento desea, comprar en mas cantidad, productos de granos basicos en quintales de arroz, frijoles, azucar, maiz, caja de jabon, bidon de aceite, golosinas, productos de la coca cola, cereales y otros que son mas demandados por los clientes.
Lo cual espera poder seguir equilibrando sus ventas y tener mejores ganancias.

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
  • 91
    View loans »
    Nicaragua Loans Fundraising
  • $24,396,400
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Gloria Maria to invest in staple grains, cereals, and candies so that she will have better sales.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2012
Listed
Jan 16, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 18, 2012