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Ileana Matilde
Ileana sells cleaning products, basic grains, and soft drinks. This is a small grocery store that she has had for six years. She is 25 years old and lives in the San Pablo neighborhood in the capital, Managua, with her two sons, aged 2 and 5. Her husband works as a supervisor for the the La Unión supermarket. She began by only selling snacks. With the help of her husband she has been selling other products. The loan she is requesting is to buy a variety of products and to increase her inventory of basic grains, canned goods, milk, cosmetics and other things for the daily needs of her customers. Her short term goal is to expand her store.
View original language description ↓
La joven Ileana vende productos de higiene, granos básicos, gaseosa, es un pequeño tramo de abarroteria que tiene desde hace seis años, tiene 25 años de edad, reside en el barrio san pablo en la capital de Managua, con dos hijos de 2 y 5 años de edad, su esposo trabaja de supervisor de supermercado la unión. Ella inicio solo vendiendo golosinas con ayuda de su esposo ha ido vendiendo otros productos. Con esta solicitud que esta haciendo es para comprar productos variados y aumentar su inventario en la compra de granos básicos, productos enlatados, leche, cosméticos y otros que cubra las necesidades diarias de sus clientes. Sus metas a corto plazo es poder incrementar más su tramo.

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,575,325
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Ileana Matilde to buy basic grains, canned goods, and cleaning products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010