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Magda Isabel
Magda Isabel is a married mother of two. Her eldest is an 18-year-old who is in his second year of college, and her daughter is an 11-year-old sixth grader. Her husband has his own glass business. Both she and her husband share the household expenses because they are a very close-knit family. They live in Zone #4 in Nueva Guinea. She has been working as an administrator at URACCAN University for 11 years. She is requesting her 4th loan from AFODENIC so that she can invest the money in building a room in her house, thus improving her family’s living conditions. Magda is known to be very responsible and honest. She has demonstrated good behavior in society, and is very well-loved by her co-workers. Her dream is to have health and job stability. She also wants her two children to study so that they can grow up to be decent people.
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Magda Isabel es casada, tiene 2 hijos: el mayor tiene 18 años estudia su 2do año en la universidad y la niña de 11 años estudia su 6to grado de educacion primaria, su esposo trabaja en un negocio propio como es una vidrieria, ambos comparten los gastos familiares pues son una familia muy unida, viven en la zona # 4 de Nueva Guinea, trabaja como administradora de la univerisdad URACCAN desde hace 11 años, esta solicitando su 4to crédito a la institución de AFODENIC, para invertirlo en la construccion de una habitacion y de esta forma mejorar las condiciones de vida de su familia. Magda se caracteriza por ser muy responsable, honesta y ha demostrado buena conducta en la sociedad, ella es muy querida por sus compañeros de trabajo, su sueño es tener salud, estabilidad laboral y que sus dos hijos estudien para que lleguen hacer personas de bien.

Additional Information

About AFODENIC

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

  • $3,636
    Average annual income
  • 166
    View loans »
    Nicaragua Loans Fundraising
  • $23,232,100
    Funds lent in using Kiva
  • 20.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Magda Isabel construct a room.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 21, 2009
Listed
Apr 16, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 16, 2010