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Miladys Margarita
Miladys lives in the municipality of Masaya with her life companion and her son. She’s been a merchant for the last four years. She sells furniture like rocking chairs, chests of drawers, beds, dining room sets, etc. Her spouse helps with household expenses since he’s employed by a private firm. She needs this loan to buy furniture because she has much demand for her product and she wants to take advantage of it by increasing her inventory. She’s grateful for the support Afodenic in conjunction with Kiva funds is providing her.
View original language description ↓
La señora Miladys habita en el municipio de Masaya junto a su compañero de vida y su hijo, ella es comerciante desde 4 años comercializa Muebles como: sillas abuelitas, comodos, Camas, Comedores etc, su compañero le apoya con los gastos del hogar ya que trabaja para una empresa privada, este credito lo quiere para invertir en la compra de muebles ya que actualmente esta recibiendo mucha demanda de su producto y quiere aprovechar para incrementar su inventario, Agradece el apoyo que Afodenic en conjunto a Fondo Kiva le estan 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

  • $3,636
    Average annual income
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $825 helped Miladys Margarita to buy furniture.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 4, 2013