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Gloria Maria

Gloria is 44 years old and she has lived in region 380 in the capital city of Managua since her youth. He has a 10 year old son who is attending school, and her husband is an electrician. Gloria started her business 6 years ago selling fashion jewelry, and currenty she has a small convenience store were she sells basic needs items, soft drinks, and other products. With this loan she will purchase clothing, shoes and cosmetics to offer her clients. New products will translate into better earnings. In the long term she plans to increase her sales and remodel the store where she carries out her business, to give better service and attract new clients.

View original language description ↓
La Sra. Gloria tiene 44 años de edad, habita en el barrio 380, en la capital de Managua desde su juventud, tiene un hijo de 10 años que esta estudiando, su esposo trabaja de electrónico. Doña Gloria inicio su negocio hace seis años vendiendo bisutería, hoy tiene una mini pulpería que vende granos básicos, gaseosas y otros productos, con la solicitud de crédito la quiere para comprar ropa, zapatos, cosméticos, para ofertar a sus clientes, nuevos productos, y así obtener mejores ingresos. A largo plazo es incrementar el volumen de venta y quiere remodelar el local donde tiene su negocio para dar mejor servicios a sus clientes y atraer a otros clientes.

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

  • $3,636
    Average annual income
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,416,850
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Gloria Maria to purchase clothing, shoes and cosmetics.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2008
Listed
Nov 20, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009