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Melania Del Socorro
Melania is 43 years old. She is a hard-working woman, and for several years she has been selling cosmetics and clothing. Melania started this business with the savings from her previous work as a seamstress. Combining these funds with some help from her husband, she managed to invest into a small amount of cosmetics inventory. She sells cosmetics from Avon catalogs, but her sales volume is low, so she wants to invest more in order to increase her sales.

Melania would like to improve the flooring in her house because it is in poor condition. She wants to install a ceramic floor and thus she needs to purchase the necessary materials in order to start the work. Her husband is a bricklayer, which is a advantage, since they don't have to pay the labor costs. Melania is happy about the improvements she has been making to her home.
View original language description ↓
Doña Melania es una mujer trabajadora, de edad de 43 años. Desde hace varios años se dedica a la venta de ropa y cosméticos, el cual comenzó con ahorro de su hechuras de costuras, pues se dedicaba a la costura, con ayuda de su esposo económica logra invertir en cosmético con poca cantidad. Su esposo es albañil y se beneficia con las mejoras de su casa ya que no paga mano de obra. Ella trabaja con catálogos con los cosméticos de la Avon, las ventas están bajas, y desea invertir más para lograr mejores ventas. Lo que quiere mejorar en su casa es el piso que esta ya en mal estado el cual cambiara con cerámica que comprara a si como lo que necesite en material para comenzar la obra. Contenta por los beneficios alcanzados con las mejoras de su vivienda.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $25,083,125
    Funds lent in using Kiva
  • 21.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Melania Del Socorro purchase of ceramics and other materials for improving the floor which is in poor condition.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Mar 25, 2010
Apr 7, 2010
Currency Exchange Loss:
Feb 15, 2011