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Dominga Del Carmen
Doña Dominga is 57 years old and runs a family business with her daughter and two others who perform the manual labor. Her business constructs industrial kitchens with metal bases, which are in demand because they are used by other small businesses like restaurants, tortilla shops and hamburger stands, among other fast foods, and she also makes metal based trash cans and general signs too. Dominga is an enterprising woman who is asking her for first loan from Afodenic and Kiva with the objective of investing the money in prime materials like galvanized tubes, angled beams, regular beams, burners, paints, sealants, and valves so she can meet current customer demand and that of new clients.
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Doña Dominga, tiene 57 años de edad, administra un negocio familiar en conjunto con su hija y dos personas más que realizan la mano de obra. Su negocio consiste en la fabricación de cocinas industriales hechas a base de metal, las cuales son muy demandados porque son utilizadas por otros pequeños negocios de fritanga, tortillerías y carritos de hamburguesas entre otros tipos de comidas rápidas, también elaboran basureros de metal y rotulaciones en general. Dominga es una mujer emprendedora que solicita este primer crédito con Afodenic y Kiva con el objetivo de invertir en materia prima como tubos galvanizados, angulares, perlines, quemadores, pinturas, selladores y válvulas, para abastecer la demanda de sus clientes y nuevos clientes.

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

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Dominga Del Carmen purchase galvanized tubes, beams,burners, paint, sealants, valves and more.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2013
Listed
Nov 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015