Mr. Juan de Dios is 52 years old. His business is running a local store which, with much effort, he was able to build up with savings and loans over the last nine years. He lives in Laureles Sur and he and his wife have 2 children, 7 and 14 years old, who are primary school students.
His plan is to be able to buy a vehicle in order avoid paying for a taxi when he goes shopping to fill the inventory of the store because he is not on the route of most of the delivery trucks. With this loan he is going to increase the daily supplies he carries, like canned goods. He hopes to provide better service to his customers and thanks to this loan from Afodenic be able to make his business grow. He hopes later to make it larger, and help his children complete primary school.
El sr. Juan de Dios, tiene 52 años de edad, su negocio es una pulpería que con mucho esfuerzos pudo poner con ahorros y créditos desde hade nueve años, reside en laureles sur, su esposa le tiene dos hijos de 7 y 14 años de edad, que estudian la primaria, sus planes es poder comprar un vehiculo para no pagar en taxi cuando va de compra para llenar inventario de la pulpería, por que lo de mas los camiones repartidores pasan, con este préstamo va reforzar en productos enlatados como insumos diarios, y espera poder dar un mejor servicios a sus clientes, ya que gracias a estos préstamo de Afodenic puede hacer crecer su negocio. Que espera mas adelante hacer más grande, a si como ayudar a sus hijos puedan terminar el ciclo de estudio.
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.