Aura is 48 years old, and she lives in Villa Libertad with her four children, ages 2, 5, 16 and 20. She is in the business of selling clothes and cosmetics on credit as well as for direct payment. She started her business eighteen years ago with her own money and help from her husband. With the loan she will invest in school clothes, school supplies and cosmetics. This is her sixth request. Her previous requests have greatly benefited her business as well as her personal life. With this loan she hopes to improve sales and gain more customers. Buying uniforms is a priority for students, so her short term plans are to invest more in them.
Doña Aura tiene 48 años de edad, reside en Villa libertad, con cuatro hijos de 2, 5,16 y 20 años de edad, su negocio es la venta de ropa y cosméticos al crédito como al contado, que inicio desde hace dieciocho años, con dinero propio y ayuda de su esposo, con la solicitud va invertir en compra ropa escolar como útiles escolares y cosméticos esta es su sexta solicitud que ha sido de muchos beneficios para su negocio como en su vida personal, con esto espera lograr mejorar las ventas como captar clientes. ya que la venta de uniformes es la prioridad de los estudiantes, sus planes a corto plazo es invertir mas.
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.