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Laura Idalia
Laura lives in the Santiago community in the city of La Concepcion. Her husband, like her, is an entrepreneur. Between the two of them, they work hard to be able to create better circumstances for their home.

They work buying fruits and vegetables in the capital market, which they then deliver to different regions to sell. With this loan, they will be able to increase what they can buy and thus make more profits. They've been working in this business for more than 10 years and want it to prosper. Their customers are always asking for more goods to buy.

They are grateful for the support of Afodenic and Kiva funds that have been offered to them.
View original language description ↓
La señora Laura habita en el barrio Santiago en el municipio de La Concepcion, su esposo al igual que ella el comerciante entre los dos trabajan duro para poder llevar mejores condiciones a su hogar, la forma de trabajo de ellos, es que Compran Frutas y Verduras en el Mercado de la Capital y las llevan a los departamentos a comercializarlas. con este Financiamiento podran incrementar un poco mas sus comprar para generar mayores ganacias ya que tiene mas de 10 años trajando asi y quieren prosperar ya que sus clientes cada vez le demandan mas productos, Agradcen el apoyo que Afodenic y Fondos Kiva le han brindado.

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

  • $4,800
    Average annual income
  • 123
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $750 helped Laura Idalia buy fruits and vegetables.
99% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 13, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014