María Eugenia is 29 years old, married, and has a 10-year-old son. She works in her small grocery store with which she trys to maintain her family.
She is applying for this loan in order to invest in products for her business to sell, such as basic grains, pastries, candies, cured meats, etc., which would allow her to guarantee payment of main household expenses and pay for her son's education.
María Eugenia, tiene 29 años de edad, es casada, tiene un hijo de 10 años de edad, se dedica a su pequeña pulpería con la que intenta salir adelante junto a su familia. Solicita el crédito para invertir de productos el negocio como granos básicos, reposterías, golosinas, embutidos, entre otros que pueda vender, lo que le permite garantizar los gastos principales del hogar y para poderle brindar los estudios a su hijo.
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.