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Mrs. Josefa L. is 55 years old, single and lives in the neighborhood of Villa Reconciliacion. She has five children three of them are adults and two are students. Her business is the sale of fried meals and a grocery shop that she has managed for six years, which she started with her savings.

This is her sixth loan with Afodenic. She is asking for a loan to buy basic grains such as beans, rice and dairy products, to increase her inventory and sales. She hopes to be able to make improvements in her house because it is basic and unsafe since part of it is lined with zinc. She wants to give a decent home to her children.

View original language description ↓
La señora Josefa León de 55 años de edad, reside en el barrio Villa Reconciliación, tiene cinco hijos tres mayores de edad y dos estudian, es soltera y su negocio es la venta de fritanga y una pequeña pulpería que administra desde hace seis años, este negocio lo inicio con ahorros y es su sexto crédito en Afodenic y lo va invertir en la compra de granos básicos como: frijoles, arroz, productos lácteos, para incrementar su inventario y elevar las ventas. Los planes para su familia es poder hacer mejoras a su vivienda ya que es sencilla e insegura por que parte de la vivienda esta forrada de zinc y desea dejar a sus hijos una casa digna.

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 $650 helped Josefa purchase of building materials.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jun 5, 2009
Jun 7, 2009
Currency Exchange Loss:
May 15, 2010