Edith Abigail Garcia Sequeira

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Edith is 40 years old and single. She has 2 children, but she also has 2 nephews and nieces living with her, of whom she is in charge. She has worked in the Chontales branch of the Ministry of Health’s Comprehensive Local Health System (SILAIS) for 9 years, and has been responsible for the Fonsalud project. She is requesting her 8th loan to improve her house, finishing the construction of her porch and putting in the floor because it is not currently tiled and the rain creates mud. She has the support of her life companion, who assumes housing expenses. Edith’s biggest dream is to be able to have a nice house for her children with basic conditions so that they can develop in a stable and happy environment.

Translated from Spanish by Kathleen O'Connell, Kiva Volunteer

Edith de 40 años de edad es soltera, tiene 2 hijos, pero con ella viven 2 sobrinos los cuales estan a su cargo, labora en el MISA SILAIS Chontales desde hace 9 años como responsable de proyecto Fonsalud, esta solicitando su 8vo credito para mejorar su vivienda terminando la construccion de su porche y poniendole el piso ya que actualmente ni siquiera esta embaldosado y con las lluvias se le hace lodo, cuenta con el apoyo de compañero de vida quien asume los gastos del hogar. El mayor sueño de Edith es poder tener una vivienda bonita para sus hijos y con las condiciones basicas para que puedan desarrollarse en un ambiente estable y alegre.


Important Information About This Loan
Kiva recently posted a message regarding the “No Pago” movement in Nicaragua (a movement for non-payment of loans). This movement, supported mostly by farmers of the north of Nicaragua with ties to the left-wing party in Nicaragua, has been organizing protests and had submitted a law to the government to create a moratorium on debt repayment. Initially it was unclear whether this law would pass, which would have had severe effects on the banking and microfinance industry in Nicaragua. However in the last month the executive branch rejected the law in its current form. The No Pago movement still exists but seems to have lost some steam. There is still a possibility that a law encouraging more restructuring of loans could pass next year, and microfinance institutions are voluntarily restructuring loans to delinquent borrowers, still increasing risk of lending in Nicaragua. However indications are that the situation is less dramatic than before.


About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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