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Maria  Magdalena
Maria T. is a 32-year-old married woman who lives in Villa del Carmen in the Managua area. Her husband helps her financially. She has a 7-year-old son and lives with her parents in her own house. The goal that she would most like to accomplish is to complete construction of her house. She is an entrepreneurial woman who wants the best for her family. She has worked for eight months as a proprietary town councilor in the mayor's office of Villa del Carmen. While trying to accomplish her goals, she has encountered various difficulties, one of which is the lack of financing. She thanks the Institution for the loan that they granted her, which will allow her to buy some of the construction materials, such as cement, wnidows and zinc, and thereby make a change in her home as well as her life.
View original language description ↓
La Señora Maria T. tiene la edad de 32 años, habitante de villa del carmen del departamento de Managua, casada su esposo le ayuda económicamente, tiene un hijo de siete años de edad, vive también con sus padres en casa propia, unos de sus planes que mas requiere cumplir es la construcción total de su vivienda, mujer emprendedora que desea lo mejor para su familia, trabaja en la Alcaldía de Villa del Carmen, en el cargo de concejal Propietaria, desde hace ocho meses. En el camino de cumplir sus planes se ha encontrado con diversas dificultades unas de ellas es la falta de financiamiento. Agradece a la Institución por el préstamo que le otorgaron que le permitirá comprar una parte de materiales de construcción como: cemento, ventanas y zinc. Logrando un cambio a su vivienda y en su vida.

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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Maria Magdalena to buy construction materials for improvements to her home.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 14, 2009
Aug 15, 2009
Currency Exchange Loss:
Aug 15, 2011