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Ana Rosa
Ana Rosa is in the business of selling used clothing. Her husband is an auto mechanic. They work hard every day to pay the household expenses and for schooling for their two children who are still young. She needs the loan to buy bales of clothing for children, towels and sheets. With this investment she hopes to continue to improve her finances.
View original language description ↓
Ana rosa se dedica a la actividad comercial de venta ropa de paca y su es esposo mecánico automotriz, trabajan arduamente a diario para mantener los gastos del hogar y la escuela de sus dos hijos que aun están pequeños. Ella requiere el crédito para comprar pacas de ropa para niños, toallas y sábanas, con esta inversión espera seguir vendiendo mejorando su economía.

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
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $775 helped Ana Rosa to buy bails of clothing for children, towels and sheets.
60% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2014
Listed
Mar 7, 2014
Currency Exchange Loss:
Possible