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Paula Isidora
View original language description ↓
Paula is from the Villa de Reconciliación neighborhood. She is 41 years-old and is married. Her husband supports her family working as a truck driver. They have three children, a 15 year-old, a 13 year-old, and a 7 month-old. It has been six years since AFODENIC began providing her with financial assistance to start a small grocery store. As with any business, sometimes sales are low, so she would like a loan to build a room for her children and to make home improvements. In the future she would like to make her home larger to improve her children’s lives.

Translated from Spanish by Joanna Silverman, Kiva Volunteer.




La Sra. Paula es del barrio Villa de Reconciliación con 41 años de edad es casada y su esposo es conductor de camión el cual aporta a su hogar le tienen tres hijos uno de 15, 13 y 7 meses el ultimo.
Ella tiene seis años de experiencia el cual comenzó con prestamos en AFODENIC donde le brindaron el apoyo para comenzar con una pequeña pulpería, a veces las ventas son bajas, como todo negocio, el prestamos lo quiere para construir un cuarto para sus hijos y mejorar su vivienda, a futuro es hacer la estructura de su casa mas grande y contribuir al nivel de vida para sus hijos.

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
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Paula Isidora home Improvement.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 9, 2008
Listed
May 10, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009