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Jazmina De Los Angel
View original language description ↓
Jazmina sells clothing and various shoes both by traveling and in her house. Sometimes, she also sells clothes that she herself makes; she hopes to be able to strengthen her clothing production business. The business is 6 years old and since she began the business, she is most affected by the low sales that she has in some seasons. She is 30 years old, is a single mother of a son, who is in elementary school. She lives in the Sabana Grande area, which is a remote area near the city of Managua. Previously, Jazmina rented a room in her house, and with the income she earned, she was able to begin selling clothes and shoes. Her plans are to be able to increase her clientele through more sales. As a result, the loan she is requesting will be used to buy pants, shirts, and intimate apparel for women. In this way, it will be invested into her business.

Translated from Spanish by A. Shah, Kiva Volunteer.



Jazmina se dedica a la venta ambulante y en su casa de habitación de ropa y zapatos variados. En ocasiones también vende ropa que ella misma confecciona y espera poder fortalecer el negocio de la confección. Tiene 6 años y medio de haber empezado el negocio, en lo que la mayoría de las veces lo que más le afecta son las ventas bajas que en algunas temporadas se dan. Tiene 30 años de edad, es madre soltera de un hijo que se encuentra en educación primaria. Habita en la comarca Sabana Grande, un lugar alejado de la ciudad de Managua. Anteriormente Jazmina alquilaba una habitación en su vivienda, y con los ingresos obtenidos pudo empezar las ventas de ropa y zapato. Sus planes son poder aumentar la clientela a través de más ventas, es por eso que el crédito solicitado lo usará para la compra de pantalones, camisas y ropa de interior de damas, y así invertirlo en su negocio.

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

  • $4,800
    Average annual income
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 19.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Jazmina De Los Angel to buy pants, shirts, and intimate apparel for women.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 3, 2008
Listed
Aug 20, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009