Update on Juan GuillermoJuan sells bottled water. He has his own machine to seal the bottles, which he sells in quantity and this is his main source of income. He is asking for this loan to buy supplies such as packaging to sell water. He expects to buy another machine so he can increase his production and income and support himself mutually with his wife.
Previous Loan DetailsJuan Guillermo, aged 57, lives in the district of San Judas de Managua, an area populated by those with very scarce resources. Juan makes a living selling water and soft drinks in his home and on the street. In Nicaragua, these products are known colloquially as "bolsitas" or "boli"- drinks packa... More from Juan Guillermo's previous loan »
About AFODENICThis 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.
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