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Fatima Carolina
Fátima is a single 30-year-old mother, since she became single, she has sought a way ahead in life, and it is her two children who are her main driving force. At this moment in time, her children are 8 and 12 years old, they are studying in primary and secondary school with a long path to follow. Fátima dreams that they will become successful business people.

Fátima is seeking the loan to invest in her small business of varied products such as clothes, shoes, cosmetics and jewelry. Through this investment she hopes to improve her sales to support her children and cover the household costs.
View original language description ↓
Fátima, es una madre soltera de 30 años de edad, desde que está sola ha buscado la manera de salir adelante, siendo sus dos hijos su mayor impulso para continuar, en la actualidad ellos tienen 8 y 12 años de edad, estudian primaria y secundaría, teniendo mucho camino por recorrer, el deseo de Fátima es que sean unos profesionales exitosos. Ella solicita el crédito para invertirle a su pequeño negocio de artículos variados como ropa, calzado, cosmeticos y prendas de bisuterías, con esta inversión espera mejorar sus ventas para apoyar a sus hijos y mantener los gastos de su hogar.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Fatima Carolina to buy clothes, shoes, jewelry and cosmetics.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2013
Listed
Nov 6, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015