Check out some available loans that are similar to this one!
Maritza Del Socorro
Sra. Maritza is a hardworking woman who makes a great effort every day so her children can go to school. Two of them are students and the third is a 5-month old baby.

Maritza sells cheese, some of which she makes from the milk produced by her own cows. Together with her husband she wants to grow the business so she is seeking a loan to buy 12 hundredweight of cheese so she can increase sales and improve her income.
View original language description ↓
Doña Maritza, es una mujer trabajadora que lucha a diario para darle los estudios a sus hijos, los cuales son dos los que se encuentran estudiando y tiene una bebita de 5 meses, ella se dedica a la actividad de comercialización de queso, el cual una parte lo elabora de la leche que produce su propio ganado, siendo una pequeña productora, junto a su esposo intenta salir adelante con su negocio solicitando este crédito para invertir en 12 quintales de queso y con su producción aumentar las ventas, para mejorar 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

  • $4,800
    Average annual income
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Maritza Del Socorro buy 12 hundredweight of cheese.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2014
Listed
Mar 18, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2015