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Rosa Lina
Rosa Lina lives in the municipality of San Ignacio. Her husband works as a driver, and with this income he helps her with the household expenses, hoping that, at some time in the future, their standard of living will improve. She has been involved in the sale of fruit and vegetables for many years. During this time her biggest difficulty has been the lack of working capital in order to continue investing in her business. However, now with the opportunity that AFODENIC offers via Kiva, it is easier to go ahead with this first loan, which she has requested to supply her small shop with papayas, melons, bananas, oranges, potatoes, chilies, pineapples, carrots, yuccas, and bananas, among other things. She will then sell these items in several provinces of the country and, in this way, achieve a better standard of living for her children and family.
View original language description ↓
Doña Rosa Lina es habitante del municipio de san Ignacio, su esposo labora como chofer y con esos ingresos le apoya en los gastos del hogar deseando que un futuro sus condiciones de vida sean mejores, ella desde hace muchos años se dedica a la venta de frutas y verduras, en su trayecto la dificultad más grande que ha tenido es la falta de capital de trabajo para seguir invirtiendo en su negocio, pero ahora con la oportunidad que le brinda AFODENIC a través de KIVA le es más fácil seguir adelante con este primer financiamiento solicitado para surtir en su venta con papayas, melones, bananos, naranjas, papas, pipianes, piñas, zanahorias, yucas, bananos entre otros para comercializarlas en diversos departamentos del país y así obtener mejor economía para sus hijos y familia.

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
  • 147
    View loans »
    Nicaragua Loans Fundraising
  • $24,071,325
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Rosa Lina to buy papayas, melons, bananas, oranges, potatoes, chilies, pineapples, carrots, yuccas, and bananas.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013