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Elizabeth is asking for refinancing of her 7 month credit in order to invest in the improvement of her home (to finish plastering a room.) She has worked as a caretaker of CETA INATEC for the past 8 years. She has two children; the older one is 15 years of age and studying in his second year of secondary education. Her younger son is 12 years old and currently in the 4th grade of primary school. Elizabeth is a single mother and has gone forward with the care of her children alone, which demonstrates her honest and hardworking character. She lives in a neighborhood in the urban area of zone #4 in the central part of the municipality of New Guinea. Her dream is to finish constructing her home, and to provide the best conditions for her children to study so they are able to make something of their lives, since she was not able to get a degree given her parents’ economic conditions. She hopes to have the working stability to be able to push her children forward.
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Elizabeth está solicitando refinanciamiento de su 7mo crédito para invertirlo en mejora de su vivienda (terminar una habitación repellandola), trabaja como conserje de CETA INATEC desde hace 8 años, tiene 2 hijos, la mayor tiene 15 años de edad y esta estudiando su 2do año de educacion secundaria y la menor de 12 años de edad estudia 4to grado de educación primaria; Elizabeth es madre soltera y ha salido adelante con el cuidado de sus hijas, se caracteriza por ser honesta y muy trabajadora, vive en un barrio de la zona urbana en la zona # 4 en un lugar centrico del municipio de Nueva Guinea, su sueño es terminar de construir su vivienda y así gozar de mejores condiciones, que sus hijos estudien para que lleguen hacer alguien en la vida ya que ella no pudo estudiar una carrera por las condiciones economicas de sus padres y tener estabilidad laboral para sacar a sus hijos adelante.

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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Elizabeth to plaster a room.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Aug 13, 2009
Aug 15, 2009
Currency Exchange Loss:
Feb 15, 2011