With the income that Doña Reyna earns, she is able to buy materials for her house. Her greatest wish is to finish the construction. With this loan she will buy a bale of clothing. She also wants to take advantage of this opportunity to buy a pack of shoes since her customers have said that she should sell them. Reyna is grateful for the support from AFODENIC and the Kiva funds that have been offered to her.
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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Success!! The loan was 100% repaid