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Rosa Concepcion
Rosa is 34 years old and she lives in a region called Los Andino, a zone of Managua. She is married and her husband works as a security guard. They don't yet have any children. She sells cuts of beef as a way to earn a living and she shares all the costs that she and her husband have. They are both looking for ways to advance in life. This is her first experience with micro-finance loans and she needs to invest more in her business in order to keeps sales up so she can buy her daily bread.
View original language description ↓
Rosa, tiene 34 años de edad, es habitante de una comarca llamada Los Andino, una zona marginal de Managua, es casada su esposo trabaja como guarda de seguridad, aun no tienen hijos. Ella se dedica a la venta de carne de res, esta es su manera de ganarse la vida, junto con su esposo comparte los gastos y buscan como progresar. Esta es su primera experiencia crediticia para Rosa, necesita invertir más en su negocio para mantener las ventas que le dan el pan de cada día.

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
  • 119
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,100
    Funds lent in using Kiva
  • 25.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Rosa Concepcion invest in cuts of beef.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2013
Listed
Jul 13, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014