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Rosa Maria
Mrs. Rosa Maria López C. is 52 years old and lives in the San Caralampio neighborhood in the town of Concepción. She is a single mother of five sons – three are married and live on their own, and the other two are students who help with the farm work. Mrs. Maria has been farming for 16 years, which she started as a result of land reform. Her plans include diversifying her crops and improving her harvest yields.


With this loan, she will purchase fertilizers and other farming supplies needed to ensure a harvest that brings in good prices at market. She thanks AFODENIC for giving her the opportunity to receive a loan, which has allowed her to make improvements around her farm and in her overall living conditions.

View original language description ↓
La señora Rosa Maria López C. , tiene la edad de 52 años , habita en el barrio San Caralampio , ubicado en el municipio de la Concepción , junto a sus hijos , ella es madre soltera , tiene cinco hijos tres ya casados e independiente , los dos estudian y le apoyan con los trabajos agrícolas , desde hace 16 años doña Maria se dedica a la agricultura , ella inicio esta actividad ya que fue apoyada por la reforma agraria , los planes hacia su finca es mejorar y diversificar el cultivo . Con el préstamo va a comprar fertilizantes e insumos el cual aplicara al cultivo y lograr una buena cosecha y poder vender a buen precio en el mercado. Da las gracias Afodenic por la oportunidad de crédito y los plazos que le ha dado ya que ha mejorado su cultivo, y en lo personal ha hecho mejoras a su vivienda.

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
  • 123
    View loans »
    Nicaragua Loans Fundraising
  • $23,830,025
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rosa Maria purchase fertilizer and farming supplies.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 19, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010