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Filena De La Cruz
Filena is a small merchant who has grown in her business thanks to effort and loans from the institution. She sells cosmetics, new clothes and accessories like: wallets, purses and shoes among other orders she gets. She started out several years ago with just a few products using her husband’s savings; he is a taxi driver.

Currently, sales have slacked off so she wants to invest in more clothes and cosmetics in order to improve sales and cover basic household expenses.
View original language description ↓
Filena es una pequeña comerciante, que ha crecido en su comercio, gracias al esfuerzo y los financiamientos que la institución ha dado. Vende cosméticos, ropa nueva y accesorios como: cartera, bolsos, zapatos entre otros encargos que le hacen.
Iniciando hace varios años, con pocos productos, con ahorros de su esposo, el cual trabaja como cadete de taxi.
Hoy en día las ventas están bajas, es por eso quiere invertir más en ropa, y cosméticos logrando mejorar las ventas, y poder cubrir los gastos básicos de su hogar.

Additional Information


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
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Filena De La Cruz will buy clothes, cosmetics and other products to increase sales.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Oct 15, 2010
Nov 1, 2010
Currency Exchange Loss:
Aug 15, 2011