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Karen Eliuth
Karen is a young mother very dedicated to her work. She lives in the urban zone of Nueva Guinea and together with her husband. She has given birth to two beautiful children, who give them strength to work and keep fighting for a better future. Karen is a businesswoman and helps her husband with their own business, which she has developed with much effort. She sells clothing and used shoes in her own home, but the demand in the last months has grown and she does not have a diversified inventory of products to offer. She requests her first loan to stock merchandise such as clothing and shoes for her productive business.
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Karen es una joven mamá de muy dedica a su trabajo, habita en la zona urbana de Nueva Guinea y junto a su esposo han procreado dos hermosos hijos, quienes les dan fuerza para trabajar y seguir luchando por un futuro mejor. Karen es comerciante y apoya a su esposo con un negocio propio, el cual ha desarrollado con mucho esfuerzo, ella comercializa ropa y zapatos usados en su propia casa, pero la demanda en los últimos meses ha crecido y no cuenta con un diversificado inventario de productos para ofrecer. Solicita su primer en crédito para abastecer de mercadería como ropa y zapatos su fructífero negocio.

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.

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About Nicaragua

  • $3,636
    Average annual income
  • 144
    View loans »
    Nicaragua Loans Fundraising
  • $24,084,875
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $975 helped Karen Eliuth to stock merchandise such as clothing and shoes for her productive business.
86% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2014
Listed
Apr 17, 2014
Currency Exchange Loss:
Possible