Check out some available loans that are similar to this one!
Simona De Los Angeles
Simona is a very hard working woman. She is 42, and she lives in the 25 de Febrero neighborhood in the city of Managua. She has four children.

Her business is selling clothes, shoes, and perfume. She started her business twenty two years ago with her own money. She sold clothes and shoes door to door. Then she bought a vehicle to get around with her sales. She also started to get loans to increase her inventory.

This is her eight loan cycle with Afodenic. With this loan she will buy construction materials. Her plans are to improve the conditions of her house. It is very simple; it is made of wooden planks and zinc sheeting. She needs to enclose it to make it more secure for her family.
View original language description ↓
La señora Simona es una mujer trabajadora, tiene 42 años de edad, reside en el barrio 25 de Febrero en la ciudad de Managua, con cuatros hijos, su negocio es la venta de ropa, zapatos y perfúmenes que inicio hace veintidós años, con dinero propio ya que vendía ambulante, ropa, zapatos, luego compro un vehiculo para movilizarse con la ventas, también comenzó ha hacer prestamos para incrementar su inventario. En Afodenic es su octavo ciclo y con este crédito va a comprar materiales de construccion
Sus planes es poder mejorar las condiciones de su casa ya que es muy sencilla de tabla y de zinc y necesita terminar de cerrarla para mejor seguridad de su famila.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $4,800
    Average annual income
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Simona De Los Angeles to buy construction materials to enclose her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 7, 2009
May 16, 2009
Currency Exchange Loss:
Jan 15, 2010