Seydi, age 23, is married, but does not have any children yet. She and her husband work at a vending station that she rents, where she sells used clothes. With thoughts of improving herself, she is also studying for a career in nursing.
She has experienced a lot of difficulties together with her husband. Sometimes they do not have work capital to stock their business, which is her only source of income. This trade has been a pretty favorable alternative for a part of Nicaragua’s population who devote themselves to the business of used clothing.
That is why Seydi is requesting her first loan. She will buy bundles of clothes in order to improve her income. This way she will complete her studies.
Seydi , una joven de 23 años de edad, casada no tienen hijos aun, junto a su esposo se dedican a trabajar en un tramo que alquila en donde vende ropa usada, con ánimos de superarse también estudia una carrera de licenciatura en enfermería, ha pasado muchas dificultades junto a su esposo ya que en ocasiones no tienen capital de trabajo para abastecer su negocio el cual es su único ingreso, este medio ha sido una alternativa bastante favorable para una parte de la población en Nicaragua que se dedica al negocio de ropa usada. Es por eso que Seydi solicita este primer crédito para invertir comprando pacas de ropa para mejorar sus ingresos y así culminar sus estudios.
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.