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Maria Elsa
Mrs. Maria Elsa is a woman who has succeeded in having her own business through a lot of effort and the support of her family. She makes decorative mirrors and frames, which are very well-known by Nicaraguans, in the style of lion’s legs. She is 59 years old and lives in the neighborhood of Carlos Aguirre in the capital of Managua. Her two children are adults and are married. Her husband is vendor, who helps her distribute the merchandise to different departments. With this loan, she is going to buy materials to make the mirrors so that she can sell them to her clients. She thanks Afodenic for the benefits that she has from the investments in her business because of the loans she has received.
View original language description ↓
Doña Maria Elsa es una mujer que a logrado tener su propio negocio ha mucho esfuerzo y apoyo de su familia. Su negocio es la elaboración de espejo y cuadros decorados, que son muy conocidos por los nicaragüenses, los estilo pata de león. Ella tiene 59 años de edad, reside en el barrio Carlos Aguirre en la capital de Managua, sus dos hijos son mayores de edad casados, su esposo es agente vendedor que le ayuda a distribuir la mercancía en los diferentes departamento. Con este crédito va a comprar materiales para elaborar los espejos y poder vender a sus clientes. Da las gracias Afodenic por los beneficios por la inversión de su negocio a través de sus préstamos con accesibles plazo.

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 Nicaragua

  • $4,800
    Average annual income
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,399,500
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Maria Elsa to buy materials to make mirrors.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 21, 2009
Aug 1, 2009
Currency Exchange Loss:
May 15, 2010