Valeria is twenty-two years old. Her family has experienced many economic difficulties. Presently, she is working towards a law degree. She also has a small business selling used clothing. She has this business thanks to the support of her mother, and it helps her to cover university expenses.
She is requesting a loan to pay the fees to finalize her degree and postgraduate courses; this will make her degree official and allow her to begin her career.
Valeria tiene 22 años de edad, ha pasado muchas dificultades económicas al lado de su familia, actualmente estudia la carrera de Lic. en derecho, tiene un pequeño negocio de venta de ropa usada que tiene gracias al apoyo de su madre, con esta actividad se ayuda a pagar sus gastos universitarios. Ella solicita el crédito para pagar su curso de titulación y postgrado, para poder ejercer su profesión.
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.