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Juana Maria
Señora Juana Maria M. is 39 years old and lives in the Villa Reconiliación neighborhood of the 6th district of Managua. Her life companion works as a conductor and helps with the necessities of the house. She has 2 daughters of school age (since the previous loan from Kiva, one of her children passed away) Señora Juana Maria has a store in her house, where she offers basic products for the home. She gets most of her clientele from her local area. She started the business fifteen years ago with her own capital and very little inventory. Her greatest wish is to see her business grow to give better attention to her clients. Therefore she requests this loan to invest in the purchase of basic consumer goods and to be able to expand the diversity of her offerings.
View original language description ↓
La Señora Juana Maria M. tiene 39 años de edad, habita en el Barrio Villa Reconciliación del distrito seis de Managua, su compañero de vida trabaja como conductor y ayuda para las necesidades del hogar, tiene 2 hijas en edad escolar, (a esta señora en el crédito anterior de Kiva, se le falleció uno de sus hijos)
Doña Juana Maria tiene una pulpería en su casa de habitación, donde ofrece productos básicos para el hogar, su mayor clientela la tiene en todo su entorno, inicio su negocio hace quince años con capital propio e inventario muy poco, su mayor anhelo es ver crecer su negocio para una mejor atención a sus clientes, es por eso que solicita este préstamo para invertir en la compra de productos de consumo básico y poder ampliar la diversidad de su oferta.

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
  • 120
    View loans »
    Nicaragua Loans Fundraising
  • $24,042,425
    Funds lent in using Kiva
  • 19.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Juana Maria to buy basic consumer goods for her general store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 7, 2008
Listed
Sep 23, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009