Marlene is 38 years old and lives in the La Primavera neighborhood of Managua. She has two children studying in secondary school, and her husband works as an automotive electrician. With their savings, she has been able to run a small grocery store for the past four years. With this loan, she would like to buy two bales of used clothing, so she can sell good, beautiful clothes at a reasonable price. She hopes this will bring in better earnings. Her future plan is to have a clothing store, where she will sell a variety that will satisfy her customers as well as attract new ones.
Doña Marlene tiene 38 años de edad, habita en el barrio la primavera en la ciudad de Managua, tiene dos hijos que están estudiando la secundaria, su esposo trabaja de electricista automotriz, con ahorro logro tener una pequeña pulpería que administra desde hace cuatro años. Con este crédito quiere comprar dos pacas de ropa usadas ya que se venden a buen precio por ser buena, bonita y por su precio accesible. Con esto espera tener mejores ingresos. Sus planes a futuro es poder tener una tienda de ropa y vender variedad que pueda sastifacer a su clientela a si como captar otros 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.