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Reynelda De Los Angeles
Reynelda still has her general store business, that she has well-stocked. She also runs a small café, and her husband looks after the café or the general store. Both are working for their family's well-being. Their three children are in school, and the expenses are high.

Through the loans, they have succeeded in increasing their sales and inventory, obtaining good sales, So they have managed to invest in more products that their customers ask for, provide their children with the necessities, and pay for their basic costs and personal expenses.

With this new loan she will buy staple grains, meat, chicken, eggs, cheese, sausages, mortadella, bread, soft drinks, juices, purified water, ice cream, and school supplies. This is because they have to supply both businesses and keep their customers satisfied.
View original language description ↓
Doña Reynelda continua con su negocio, una pulperia, que tiene muy surtida, y esta a cargo de un cafetin, en donde su esposo a tiende el cafetin, oh la pulperia, ambos trabajan para el bienestar de su familia, sus tres hijos estudian, y los gastos son altos.
Atraves de los financiamientos, logro aumentar las ventas, el inventario, obteniendo ventas altas, lo que ha logrado invertir en mas productos demandado por los clientes, dar a sus hijos lo necesario, pagar sus gastos basicos, y gastos personales.
Con este nuevo prestamo comprara. Granos basicos, carne, pollo, huevo, queso, chorizos, mortadela, pan, gaseosas, jugos, agua purificada, eskimo, y productos escolares, ya que ah ambos negocios tiene que surtirlo, y manteniendo a su clientela 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
  • 113
    View loans »
    Nicaragua Loans Fundraising
  • $23,731,525
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Reynelda De Los Angeles to buy staple grains, meat, chicken, dairy products, soft drinks, candy, and other products that are in demand.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Feb 3, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013