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Glenda Esther
Glenda is 46 years old and lives in the Jonathan González neighborhood in the city of Managua. She has two children who already have bought livestock and work as ranchers. Glenda has sold domestic electronics, clothing, and makeup for 8 years. She began her business with her own savings and just sold clothing. She would like to use this loan to invest in the purchase of a variety of clothing, particularly school uniforms because it is the time of year when school begins and she sells many school uniforms. Her goal is to increase her sales so she can earn more income. She hopes to soon be able to continue improving her house and complete it.
View original language description ↓
La Sra. Glenda tiene 46 años de edad, reside en el barrio Jonathan González, en la ciudad de Managua, con dos hijos que trabajan por su propia cuenta ya que con esfuerzos tienen ganado, se dedican al negocio de ganadería. Doña Glenda vende electrodomésticos, ropa, cosméticos, desde hace ocho años, en las ventas que comenzó con ahorros propios solo vendiendo ropa, con esta solicitud de préstamo quiere invertir en la compra de ropa variada, y de colegio ya que es la temporada que se vende mas por que inicia un nuevo curso del año, su objetivo es aumentar el volumen de venta que le genere mayores ganancias, a corto plazo es seguir haciendo mejoras a su casa y terminarla.

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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 19.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Glenda Esther buy clothing for children and adults.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2009
Listed
Feb 1, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009