PhilippinesRetailFunding via Center for Community Transformation Credit Cooperative, a partner of HOPE International
LebanonHousingFunding via Al Majmoua Lebanese Association for Development
PhilippinesRetailFunding via Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International
Ana Patricia is 47 years old and is a single woman living in the region of Barrio La Primavera. She has 2 children aged 20 and 28 years of age but they are now financially independent from her. Ana Patricia has been running her eatery for the last 5 years, and they have been difficult because she has had to learn the best ways to run her business.
Ana's life has been very difficult because she had to take care of her children alone, but she now tries to support them and their kids with an education, to be able to proivde her grandchildren with something that she couldn't to her own children. The loan she is requesting is to purchase ingredients for hte production of her foods, because she would like to expand her production of food to earn a greater income. She will use her improved earnings to renovate her eatery so that it can sit more clients.
Translated from Spanish by Erika Lindig, Kiva Volunteer.
Doña Ana Patricia tiene 47 años de edad, es soltera y habita en el Barrio La Primavera, tiene dos hijos de 20 y 28 años de edad, que ya son independientes a ella. Doña Ana Patricia tiene una comideria desde hace cinco años, los cuales han sido difíciles por que ha tenido que aprender la manera de encontrar la mejor manera para administrar el negocio.
La vida de Doña Ana ha sido muy dura porque le tocó sacar adelante sola a sus dos hijos, pero ahora trata de apoyarles a sus hijos en la educación de sus nietos, para poder otorgarle lo que no pudo darles a sus hijos. El préstamo lo requiere para adquirir materia prima para la elaboración de sus comidas, porque ahora quiere ampliar la producción de comida para generar más ingresos que le ayuden a mejorar la infarestructura del local para atender a más clientes.
About AFODENICThis 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.
90View loans »
Success!! The loan was 100% repaid