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Jennifer De Los Angeles
Young Jennifer, 23, is married and three months' pregnant which fills her with excitement and inspires her to continue with her university studies to offer a good future to her future children. Her means of support is a home-based grocery store, a business she started with her savings and with help from her father; she gradually brought it to life. This is the first loan she’s requested and she’ll use it to invest in her small business buying basic grains, snacks, dairy products and canned goods, among others.
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La joven Jennifer, de 23 años de edad es casada y con tres meses de embarazo lo que la llena de emoción por lo que, le inspira continuar con sus estudios universitario para ofrecerle un buen futuro a sus hijos que vendrán, su medio de sobrevivencia es una pulpería ubicada en su casa de habitación, negocio que empezó con ahorros y ayuda de su padre y poco a poco fue dándole vida. Este primer credito solicitado es para invertir en su pequeño negocio comprando granos básicos, golosinas, lácteos, productos enlatados entre otros, con el apoyo de financiamiento.

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
  • 151
    View loans »
    Nicaragua Loans Fundraising
  • $23,166,475
    Funds lent in using Kiva
  • 24.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Jennifer De Los Angeles to buy stock merchandise for her store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013