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Angela De Los Santos
Angela is a humble and hard-working woman. She lives with her daughter in the Pablo Calero neighborhood in the Ticuantepepe municipality. She has had her own business, a small grocery store, for three years. With the store she had gotten her daughter ahead, and, above all, paid the household expenses.

She currently needs capital to invest a little more in her business. Every day there is more customer demand. With the loan she was granted she will buy rice, beans, sugar, cooking oil, dairy products, and meat, etc. She is grateful for the support that Afondenic has granted her through the Kiva funds.
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La señora Angela, mujer humilde y trabajadora habita en el barrio Pablo Calero del municipio de Ticuantepe junto a su hija, desde hace tres años tiene su propio negocio una pequeña pulperia de la cual a sacado adelante a su hija y sobre todo con los gastos del hogar, actualmente requiere de capital para invertir un poco mas en su negocio ya que cada dia los clientes le exigen mucho mas, con este credito que se le ha otorgado comprara. Arroz, Frijoles, Azacar, Aceite, Productos Lacteos, Carnes etc, Agradce el apoyo que Afodenic le ha brindado en conjunto con Fondos Kiva.

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
  • 172
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Angela De Los Santos to buy groceries.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 5, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014