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Ligia Maria
Doña Ligia is 40 years old and resides in Laureles Sur. She has two children who are in elementary school. Her husband works with her in a small local store which they have had for six years, since it began with a liquidation of the business in the duty-free zone where she worked previously. Their plans are to continue investing in their business so that it will be profitable and they will be able to organize their family. Their objective is to be able to finish the construction of their house and for their children to receive a good education. Afodenic, an affiliate of Kiva, has offered them the opportunity to enlarge their business inventory. This is their sixth request, and will be invested in buying various products like canned products, meats, and delicacies, among other things, that will cover the needs and diet of their clients.
View original language description ↓
Doña Ligia tiene la edad de 40 años, reside en laureles sur, tiene dos hijos que estudian la primaria, su esposo trabaja junto con ella enana pulpería que tiene desde hace seis años que inicio con una liquidación de la empresa donde laboraba en la zona franca anteriormente. Sus planes es seguir invirtiendo en su negocio para que sea rentable y poder organizarse con su familia ya que su objetivo es poder terminar de construir su casa, a que a sus hijos reciban una buena educación. Afodenic le ha brindado la oportunidad para aumentar el inventario es por eso que da las gracias por las mejoras que ha hecho en su vida personal como en la inversión de su negocio esta es la sexta solicitud que va invertir en comprar productos variados como: productos enlatados, carnes, golosinas entre otros que cubra la necesidad y alimentación de sus clientes.

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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Ligia Maria to buy canned products, delicacies, and beef.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2009
Listed
Mar 5, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010