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Reina Adelina
Reina is a single mother with 4 children, 2 of whom work with her in her business selling tortillas. She gets up early in the morning to prepare the dough and make the tortillas, and by dawn she has fresh products to offer her customers. This small business supports Reina and her children, which is why she is requesting a loan to buy corn, propane gas for the industrial stove on which she makes her tortillas, and chickens, so that she can sell stuffed chickens during the Christmas season for family dinners. With these sales she will support herself.
View original language description ↓
La señora Reina es madre soltera, procreo 4 hijos de los cuales 2 trabajan con ella en el negocio de la venta de tortillas, para el cual se levantan en la madrugada para preparar la masa y empezar a hacer las tortillas, cuando amanece ya tienen productos frescos para ofrecer a sus clientes. Este pequeño negocio es el sustento de doña Reina y sus hijas, es por eso que solicita el apoyo de crédito para poder invertir en maíz, gas propano para la cocina industrial que ocupa para elaborar dichas tortillas, así como también invertirá en gallinas para ofrecer en estas temporadas navideñas gallinas rellenas para las cenas familiares, para apoyarse con las ventas de las mismas.

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.

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About Nicaragua

  • $3,636
    Average annual income
  • 133
    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 $500 helped Reina Adelina to buy corn, gas and chickens.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2013
Listed
Nov 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015