Update on Elsa MariaElsa is a resident of the neighborhood Memorial Sandino. She and her husband are looking to get ahead: he as a taxi driver and she with her small grocery store. Both of them share expenses. Her children are adults and are independent.
She is requesting a loan to be used in her business, which supports all the main household expenses. She will buy staple grains, snacks, canned food, sausages, eggs, cereal, and other items that are in demand from her customers, who are the residents in her neighborhood.
Previous Loan DetailsElsa is a businesswoman, and she has a store in her house. Upon receiving the loan from Afodenic she has been working in her store with more capital. She has support from her children and her husband. He sells scrap metal. Elsa’s objective is to invest more in personal hygiene products and ... More from Elsa Maria's previous loan »
About AFODENICThis 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.
Concurrent and Successive Loans
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Success!! The loan was 100% repaid