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Maria Auxiliadora
Ms. María Auxiliadora has a degree in international business. It was difficult for her to work because she did not have anyone to look after her children since her family is out of the country. With her own business, it is easier for her since she alone plans her schedule and she is more devoted to her children. Being a single mother, this is the way she maintains her household.

She requests this loan to invest in her business since she a lot of customer demand. She will buy perfume, men and women's underwear. She accepts cash or credit and she sells to workers of different businesses. In the future, she hopes to have her business in the comfort of her home and to gain more clients in order to support her family.
View original language description ↓
Doña María Auxiliadora tiene una licenciatura en comercio internacional pero se le dificulto trabajar porque no tenía quien le cuide a sus hijos ya que sus familiares están fuera del país, pero con su propio negocio le es más fácil ya que ella sola planifica su horario y esta mas al pendiente de sus hijos, así mantiene su hogar siendo una madre soltera, solicita este crédito para invertir en su negocio en vista de que tiene mucha demanda de su clientela, surtirá comprando perfumes, ropa interior para damas y caballeros, ella vende al crédito y al contado a trabajadores de distintas empresas en un futuro espera tener su negocio en la comodidad de su hogar y acaparar mayor clientela para apoyar más a su 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
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Maria Auxiliadora to buy perfume, men and women's underwear.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 8, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013