Update on Mario FranciscoSeñor Mario lives in the municipality of Ticuantepe together with his family. He is a man who really likes to work. He has his own business. Thanks to his hard work and loans Afodenic has awarded him, he has gotten ahead. He currently needs capital to invest in his business. He wants to take advantage of the rise in the sale of his products and purchase them at a good price now. He will purchase beans, rice, sugar, kitchen products, detergents etc. In addition, he wants to expand his business.
Previous Loan DetailsMario is married, and he is a hard-working and enterprising family man. He works day to day in order to achieve his plan to improve his living conditions. He has his own business selling groceries and other things. He has encountered difficulty with the rise in prices. He started the busi... More from Mario Francisco's previous loan »
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.
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