Ms. Esmelda Maria Benavides is a 45-year-old woman who lives in the Villa Reconciliación neighborhood in the capital city of Managua. She is married and has two children ages 8 and 14. Her husband is a taxi cab driver, while she has been selling seafood for five years. She used to sell beverages, but she then started a seafood business because it is more lucrative. This is her ninth loan that she will invest in purchasing various types of seafood, such as: shrimp, clams, fish, and oysters to make her delicious seafood cocktails that many Nicaraguans love to purchase. Her plan is to improve her stall so that she can offer better customer service.
La señora Esmelda Maria Benavides, de 45 años de edad, reside en el barrio Villa Reconciliación en la capital de Managua, casada y con dos hijos de 8 y 14 años de edad, los dos estudian, su esposo labora como cadete de taxi, y ella vende mariscos desde hace cinco años, anteriormente vendía en su casa refrescos pero luego inicio la venta de mariscos rico en comida, y es un producto rentable. Con este crédito es su noveno ciclo que va invertir en la compra de mariscos variados como: camarones, conchas, pescado, ostiones para hacer sus ricos cócteles que son comprados por muchos nicaragüenses. Sus planes es mejorar el tramo donde vende para dar un mejor servicio a sus clientes.
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.