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Grethel Isabel
Grethel, 33, is married and has two children, ages 10 and 12, whom she sends to school so that they can prepare for a profession. Grethel and her husband want their small business, selling seafood by the kilo in one of Managua's markets, to prosper. The area does not provide the proper conditions, but this doesn't discourage them, as the business is their only income source. Grethel has applied for a loan to buy seafood and shrimp to sell to customers so that they can provide food for their children every day.
View original language description ↓
Grethel de 33 años de edad, es casada madre de dos hijos uno de 10 y otro de 12 años, a quienes manda a la escuela para que se preparen y logren obtener una profesión, Grethel junto a su marido desea salir adelante con su pequeño negocio, la venta de pescados por libras ubicado en uno de los mercados de Managua, en una zona donde no presta las condiciones necesarias, pero esto no la desanima ya que es su único medio de ingresos. Solicita este crédito para comprar pescados y camarones, para ofrecer a la clientela que pasa, para obtener el sustento diario de la casa y que a sus hijos no les falten lo primordial la alimentación.

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
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,053,975
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Grethel Isabel to buy seafood and shrimp.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2013
Listed
May 14, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014