Narcisa is a widow. Her children are now adults and independent. She supports herself thanks to the grocery business that she has been working in for many years and through which she has raised her family. She is applying for this loan to invest in basic grains, oil, dairy products, chicken, and vegetables to supply her customers.
Narcisa es una señora viuda, sus hijos que procreo hoy en día son mayores de edad e independientes, ella se mantiene gracias a su negocio de pulpería que ha venido laborando por muchos años, medio con el que ha sacado adelante a su familia. Solicita de este crédito para invertir en granos básicos, aceite, productos lácteos, pollo verduras, para abastecer a su clientela.
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.