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Saribel is married, lives in the La Ceiba district 9 km from Nueva Guinea, and has a 9 year old daughter in elementary school. She has been a teacher for 10 years in the Manteles Verdes school district.

She is requesting her 8th AFODENIC loan, which will be funded through KIVA, to continue improvements on her structurally-sound one bedroom house. She will be changing the zinc in her kitchen, which is in poor condition.

Her husband is a farmer and helps with the household expenses. He wakes up at 4am every morning to begin his work. He raises crops -- such as cassava, taro root, pineapple, and watermelon –- and sells them in the urban markets of Nueva Guinea. Saribel works closely with her husband to improve their living conditions. Her dream is to finish her studies in educational sciences, enjoy good health, and have a stable job.

View original language description ↓
Saribel es casada, vive en la comarca la Ceiba a 9 km de Nueva Guinea, trabaja como docente de esa comarca en la Escuela Manteles Verdes desde hace 10 años, tiene una niña de 9 años estudiando primaria, está solicitando refinanciamiento de su 8vo crédito con AFODENIC, ya obtuvo un credito con el financiamiento de KIVA para invertirlo en simpre en mejora de su vivienda construyendo satisfactoriamente una habitacion, ahora solicita un nuevo credito para continuar con las mejoras cambiando el zinc a la cocina que esta en mal estado, su esposo trabaja como agricultor y la apoya con los gastos, todos los dias se levantan a las cuatro de la mañana para hacer los quehaceres del hogar, en la finca donde viven siembran diversos cultivos como yuca , quequisque, piña, sandias, los cuales comercializar en la zona urbana de Nueva Guinea, Saribel es una mujer que trabaja de la mano con su marido para asi mejor sus condiciones de vida, su sueño es terminar de estudiar la carrera en ciencias de la Educacion, salud y estabilidad laboral.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 20.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Saribel replace the kitchen ceiling.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 30, 2009
Jul 3, 2009
Currency Exchange Loss:
Feb 15, 2011