Valeria is married and she has 5 children ( 2 are school aged and 3 are single). She is requesting financing from AFODENIC (Kiva Field Partner) to build a galley and a corral, with the goal of improving the living conditions for the milking cows and produce quality milk, clean and healthy. And she also wants to increase her herd. She can count on the support of her husband and her eldest children, and she also earns a monthly income from the milk sales and by selling the livestock. Valeria is known to be a business woman, responsible and honest. She has demonstrated good conduct and responsibility with her finances with AFODENIC (Kiva Field Partner). She feels happy with the support she has received from this institution, having seen a great deal of success with her business and she has improved the living conditions for her family.
About AFODENICThis 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.
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