Nora has three children: a 25-year-old son who works and helps with household expenses, an 18-year-old daughter who is in her freshman year of college at URACCAN, and an 15-year-old daughter in her fourth year of secondary school. Nora is a single mother who has struggled to help her children get ahead without the support of their father. They are a family of scarce resources, but with great desire for personal and career advancement.
Nora is very responsible and loves her job. She dreams of having stable work, good health, and a more comfortable home to pass on to her children.
About AFODENICThis 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.
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