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Inocente Rita
Inocente Rita is 51 years old and is single. She lives together with her son in their home. She sells products from catalogs on commission and some clothes and footwear out of her home, as well as selling them on the street. Because of this business, Inocente Rita earns a daily income for her expenses.

She is requesting this loan in order to invest in her small business, buying a variety of shirts, pants, sandals and perfumes. Through this she hopes to earn a better income to continue increasing in products and improving her financial situation bit by bit.
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La señora Inocente Rita, tiene la edad de 51 años es soltera, habita junto a su hijo en su hogar. Ella se dedica a la venta de productos de catálogos por encargo y un poco de ropa y calzados en su casa de habitación, así también sale a las calles a vender, por medio de este negocio Inocente Rita obtiene sus ingresos diarios para sus gastos. Solicita este crédito con el objetivo de invertir en su pequeño negocio, comprando variedades de camisas, pantalones, sandalias y perfumes. De esta manera espera obtener mejores ingresos para ir creciendo en productos y poco a poco mejorar su economía.

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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,480,375
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $500 helped Inocente Rita to buy a range of shirts, pants, sandals, and perfumes.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2013
Listed
Oct 9, 2013
Currency Exchange Loss:
Possible
Expired:
Nov 8, 2013