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Arlen Maria
Arlen is a resident of the town of Concepcion in the community called San Juan. Along with her husband, her plan for the future is to be able to finish building her house and to improve her living conditions. Her husband helps her with the household expenses as he works for himself and she has a grocery store in their house. She will use this loan to increase her inventory a little as her customers are asking her for more products every day. For this reason she will buy: rice, oil, beans, corn, dairy products, meat, candy, etc. With this investment, she will be able to make better profits and help her husband. She is grateful for the support that Afodenic and Kiva have offered her.
View original language description ↓
La señora Arlen Habitante del municipio de la Concepcion del la comunidad llamado San Juan, junto a su esposo sus planes a futuro es poder trminar de construir su casa y mejorar sus condiciones de vida, el la apoya con los gastos del hogar ya que trabaja por cuenta propia, y ella tiene una pulperia en casa de habitacion, con este credito incrementara un poco mas su inventario en el negocio ya que sus clientes cada dia le exigen mas productos por lo que compra: Arroz, Aceite, Frijoles, Maiz, Productos Lacteos, Carnes, Golosinas etc. con esta inversion podra obtener mayores ganacias y podra ayudar a su esposo, Agradce el apoyo que Afodenic y Fondos 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
  • 161
    View loans »
    Nicaragua Loans Fundraising
  • $23,192,125
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Arlen Maria to buy groceries.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014