60-year-old Juana is single and has 3 children. The youngest is 20, and the older ones are already married with their own families. She is requesting a loan refinancing for the purpose of investing in her business of secondhand clothing sales. She hopes to be able to purchase 2 bales of clothing, and also to buy fabric ordered by some of her clients who make the clothing. She counts on the support of her children. Juana has been characterized in her work as being a very responsible and hardworking person.
Juana de 60 años de edad es soltera, tiene 3 hijos, el menor de 20 y los mayores ya casados y con su propia familia. Solicita refinanciamiento de credito con el proposito de invertir en su negocio de venta de ropa de segunda, espera poder comprar 2 pacas de ropa y ademas comprar telas que le encargan algunos de sus clientes que dan a confecdionar la ropa. Cuenta con el apoyo de sus hijos. Doña Juana durante ha trabajado se ha caracterizado por ser una persona muy responsable y trabajadora.
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.