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Doña Ángela Espinosa is 52 years old. She lives in the Laureles Norte neighborhood in the capital city of Managua. Her husband sells trout at the wholesale market. She has three children who are 13, 18 and 26 years old; two are on their own and one has a disability and needs greater care. With her work she tries to give a better future to her children. She has had a small tortilla-making business for the past 7 years and has a small but steady income. She started the business with money she had saved.
With a loan from Afodenic she will buy materials such as cement, iron, zinc and tubing to make some improvements to her home.
View original language description ↓
Doña Ángela Espinosa tiene 52 años de edad, reside en el barrio Laureles Norte en la capital de Managua, su esposo es comerciante de trucha en el mercado Mayoreo. Ella tiene tres hijos de 13,18 y 26 años dos independiente y uno es discapacitado, lo cual tiene que tener mayor cuidado. Con su trabajo ella trata de formarles un mejor futuro a sus hijos. Tiene su pequeño negoció de tortillería desde hace 7 años tiene su ingreso poco pero fijo. Lo inicio con fondos que tenían ahorrado.
Con este préstamo en Afodenic comprara materiales como: cemento, hierro, zinc, tuberías para hacer las mejoras a su vivienda.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Angela buy construction materials to make home improvements.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
May 15, 2009
May 24, 2009
Currency Exchange Loss:
Nov 15, 2009