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Gelgi
Ms. Gelgi V. is 42 years of age and lives in the Campo Bruce neighborhood of the city of Managua. She is single and has 3 children—two sons and a daughter. Ms. Gelgi is a seamstress with 9 years of experience in this field, which has helped her gain more customers now than when she started out. The loan will be used to purchase fabric to make tablecloths, bedspreads, bed sheets, etc. Due to her dedication to her work, she currently has more customers who demand even more services, and she does not want to leave out any of her customers for lack of capital.
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Doña Gelgi tiene 42 años de edad, habita en el barrio Campo Bruce de la ciudad de Managua, es soltera y tiene 3 hijos, dos varones y una mujer. Doña Gelgi es costurera, tiene 9 años de experiencia en esta actividad lo que le ha servido para que actualmente cuente con más clientela con la que empezó. El uso del préstamo será para la compra de telas para elaborar manteles, colchas, sábanas, etc. Debido a la gran dedicación a su trabajo actualmente tiene más clientes y una demanda de servicios más grandes, y no desea dejar por fuera algunos clientes por no contar con suficiente capital.

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

  • $4,800
    Average annual income
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,552,350
    Funds lent in using Kiva
  • 19.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Gelgi purchase fabric.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 22, 2008
Listed
Oct 8, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009