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Maria Raquel
Maria is 25 years old and lives in Healeah neighborhood of the capital city of Managua. She is single and has a 2 year old son. Her plans are to provide security for her family, and she does this by selling clothing, shoes, cosmetics and silver. She has been selling for 5 years, and began with her own funds. Her goals for her business are to increase the volume of sales and at the same time increase her usefulness. Thanks to Afodenic’s loans she will be able to buy building materials to build a porch and subsequently have more space and security for her family.
View original language description ↓
La Sr. Maria tiene 25 años de edad, habitante de barrio Healeah, en la capital de Managua, estado civil soltera, tiene un niño de 2 años de edad. Sus planes para con su familia es brindarle seguridad, protección Doña María se desempeña como vendedora de ropas, zapatos, cosméticos y platería desde hace cinco años vende, inicio con bienes propios. Sus metas en el aria del negocio es incrementar el volumen de venta y así a la misma vez aumentara sus utilidades. Gracias a los préstamos de Afodenic lograra comprar materiales de construcción para construir un porche y así tener más espacio y seguridad para su familia

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,535,925
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Maria Raquel buy construction materials to build a porch.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2008
Listed
Jan 1, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009