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Candida Felipa
Candida is 45 years old and single. She has her own business, which is a small grocery store in her home where she offers household products.

She is requesting a loan to buy products for her business and to strengthen it. She will buy basic grains (rice, beans, sugar, oil, corn) vegetables and candy for children that purchase them in the neighborhood, so she can offer her customers a variety of products, which will allow her to increase her sales and obtain improved earnings.
View original language description ↓
Candida de 45 años de edad es soltera, tiene su propio negocio de pulperia en su casa de habitacion, donde ofrece productos para el consumo del hogar, esta solicitando su credito con el objetivo de comprar productos para el negocio y fortalecerlo, comprara granos basicos (arroz, frijoles, azucar, aceite, maiz), verduras y golosinas para los niños que le compran en el barrio y asi ofrecerle a su clientela variedad de productos que le permita incrementar sus ventas y obtener mayores 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

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,500 helped Candida Felipa to buy basic grains (rice, beans, sugar, oil, corn) vegetables and candy for children.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2012
Listed
Jul 10, 2012
Currency Exchange Loss:
Possible
Expired:
Aug 9, 2012