Check out some available loans that are similar to this one!
Lucidalia
Lucidalia lives in Masaya. She is single and has two children whom she gets ahead with much hard work and dedication. She has a small spot in the Masaya market where she makes girls' dressea and First Communion dresses, wedding gown and men's suits. She has had her business for 5 years but her family has always worked making clothing. With this loan Lucidadia will buy raw materials for her new orders: 120 yards of sheer organza, 360 yards of satin and various accessories to put in the dresses. Thanks to this loan, Lucidalia says that her customers will increase since she can cover the demand for her products, since she sells a lot. She is grateful to Afodenic, which through the Kiva Fund is supporting her with this business.
View original language description ↓
La señora Lucidalia Habitante de Masaya, Soltera con dos Hijos a quien ella a sacado adelante con mucho esfuerzo y dedicacion, tiene un pequeño puesto en el mercado de Masaya donde elabora vestidos de niñas y vestidos por encargo de Primera Comunion, Casamiento y trajes para caballeros, tiene 5 años de tener su negocio propio, pero su familia toda la vida a trabajado en la elaboracion de Ropas, Con este Financiamiento Lucidadia comprara Materia Prima para sus nuevos pedidos 120 yardas de Horganzas Lisa 360 yardas de Satin y accesorios varios para aplicarlos a los vertidos. Gracias a este credito lucidalia dice que sus clientes aumentaran ya que puede cubrir con la demanda de su productos ya que vende mucho. Agradecida con Afodenic quien a traves de Fondo Kiva la estan Apoyando con su negocio.

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
  • 171
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Lucidalia to buy raw materials to make dresses, such as fabric and accessories. :.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014