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Georgina Marisela
Georgina L. is a hard-working woman who begins her day early in the morning to complete her chores as a housewife so that she can then make tamales to sell. She is 37 years old, lives in the Villa Reconciliacion neighborhood of Managua and is married to her civil engineer husband. They have three children who are full-time students. In the past she sold soup but then began selling meals in order to increase her profits to meet family needs. With this loan, her sixth, she intends to buy building materials: tile, wood, dry wall, flooring, to build a breakfast nook to better serve her customers. She is grateful to the institution for goals met.
View original language description ↓
Doña Georgina L. es una señora trabajadora que desde horas tempranas se le vanta para realizar sus oficios de ama de casa para luego, elaborar los nacatamales que es su negocio. Tiene 37 años de edad, reside en el barrio Villa Reconciliación en la capital de Managua, casada y su esposo es ingeniero civil, con tres hijos que estudian, anteriormente ella vendía sopa, inicio a vender comida con la necesidad de mejorar sus ingresos y poder cubrir la necesidad de su familia. Con este crédito es su sexta solicitud que invertirá en la compra de azulejos, madera, cielo raso y piso, para elaborar un desayunador y poder dar un mejor servicio a sus clientes, agradeciendo a la institución por los logros alcanzados.

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 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

  • $3,636
    Average annual income
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,485,000
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Georgina Marisela to purchase building materials, tile and dry wall, to remodel her breakfast nook in her dining room.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010