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Angela
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Angela, 52, lives in the Laureles Sur neighborhood of Managua. She is married and has a son, 15, in high school. Her husband is a supervisor for an industrial company and contributes to the family's living expenses. Angela has operated a small general store for a year, a business that she started with help from her husband and her own hard work. She gets up early to make breakfast for her husband and son so that she can open the store each morning in time for students on their way to school to stop and buy what they need from her. The loan will be used to stock the store with basic grains because they're costly now and it's become difficult to buy them in large quantities.

Translated from Spanish by Jere Wiseman


Ángela habita en el barrio Laureles Sur, tiene 52 años de edad, es casada y tiene un hijo de 15 años de edad, que actualmente esta estudiando la secundaria, su esposo es supervisor industrial, y le apoya económicamente en los gastos del hogar. Doña Ángela tiene una pulpería que comenzó con esfuerzo propio y con ayuda de su esposo, ya tiene un año de tenerla, ella se levanta temprano a preparar el desayuno para su esposo y su hijo para luego abrir la venta en la mañana ya que aprovecha a los estudiantes que van hacia la escuela y que muchas veces requieren de sus servicios. El crédito será usado para la compra de granos básicos para surtir la pulpería, ya que actualmente éstos tiene precios elevados y se la hace más difícil adquirir en grandes cantidades.

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.

About Nicaragua

  • $3,636
    Average annual income
  • 173
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 20.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Angela buy merchandise for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 19, 2008
Listed
Sep 5, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009