Brenda lives in the Sta. Elena neighborhood, an area with very low income residents, she is a single mom, has two children ages 12 and 10, for Brenda it hasn't been easy to get ahead by herself with children, her business activity is a small convenience store with which she helps herself to support her children, cover education and meal expenses, she looks for ways to keep getting ahead. This is why she requests a loan to invest in her business by buying products at wholesale prices that her customers, neighbors of the area, request.
Brenda habita en el barrio Sta Elena, una zona con pobladores de muy escasos recursos, ella es madre soltera, tiene dos hijos uno de 12 y otro de 10 años, para Brenda no ha sido fácil seguir adelante sola con sus hijos, su actividad comercial es una pequeña pulpería con la que se ayuda para mantener a su hijos, los gastos de educación y alimentación, ella busca como salir adelante. Es por eso que solicita el crédito para invertir en su negocio, comprando productos de mayor demanda para sus clientes, los vecinos del barrio.
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.