Kathia is a single mother of two children who are 9 and 17 years old and attend primary and secondary school. She has a small grocery store which she runs out of her home and her main customers are her neighbors. Thanks to this work she is able to earn her daily bread and educate her children. Kathia is asking for this loan to invest in her business by buying soft drinks, juices, meat, chicken and vegetables. This will allow her to maintain her daily income and meet the needs of her customers.
La señora Kathia, es madre soltera de dos hijos de las edades de 9 y 17 años de edad, que asisten a la escuela primaria y secundaria. Tiene una pequeña pulpería en su casa de habitación, a donde llegan a comprar sus vecinos, que son sus principales clientes, y gracias a esta actividad comercial, garantiza el pan de cada día y educación de sus hijos. Kathia solicita el crédito para invertir en su negocio con refrescos, jugos, carne, pollo, verduras. Que le permitan mantener sus ingresos diarios y así poder satisfacer la demanda de sus clientes.
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.