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Reina Adali
Reina has worked selling used clothing for 15 years. She lets her customers know when she is going to have new merchandise. She has help from her ex-husband, and this way she has made sure that her daughter graduated from college, which fills her with a lot of joy and pride. With her income, she helps her family, especially her mother. She is asking for the loan to buy assorted second-hand clothing like pants, shirts, and men's and women's footwear. With this investment, she hopes to keep growing, so that in the future she can set up a larger store in a department of Managua for her son to manage.
View original language description ↓
Doña Reyna tiene 15 años de trabajar en venta de ropa usada ella le avisa a su clientela cuando va a tener nueva mercadería cuenta con la ayuda de su ex esposo y así ha logrado que su hija se gradúe de su carrera universitaria lo cual la llena de mucha alegría y orgullo, ella con sus ganancias ayuda a su familia en especial a su madre, solicita el crédito para comprar variedades de ropa como pantalones, camisas, calzado de damas y caballeros de segunda con esta inversión espera ir creciendo para en un futuro lograr poner una tienda más grande en un departamento de Managua para que la atienda su hijo.

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
  • $23,737,400
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Reina Adali to buy second-hand clothing like pants, shirts, and men's and women's footwear.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014