100%

funded

Total loan: $300

Kenia Magdalena

Managua, MN, Nicaragua / Food

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A loan helped Buy more cups, plates, and spoons for her food and to buy various seasonal clothing.


Kenia Magdalena's story

Kenia V. has been making delicious food for two years. She makes lunches to sell in the “Zona Franca” (a governmental organization that regulates exportation from Nicaragua). She sells food for cash and for credit with weekly payments. She started her sales with funds that her husband gave her and the support of a friend. She was able to start selling clothes and shoes, and she had customer orders. But, sales in the last few months have been bad. She did not get income, and she had clothes that she did not sell. That is how the need to sell food emerged. Every day she sells more. That is why she turns to a loan. She does not have sufficient capital to make the food. She will buy meat, rice, beans, dairy products, and fruit to prepare the food and drinks. She gets up very early to make the different meals. Her mother helps her. She has to be en route to transport and deliver the lunch at the exact time. With this loan she wants to buy more plates, cups, and spoons among other things. Now that her food sales have increased, she will also start to buy clothes. In the Christmas month her customers order clothes for their children, which she gives them credit to buy with the ease of making several payments. She thanks Afodenic for their help in improving her business. She expects to soon be saving for her own house, which is one of her dreams.

Translated from Spanish by Ginny Kalish, Kiva Volunteer