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Maria Nela
María Nela is a hard-working woman with a desire to improve her situation. She runs a business to support her family. She has had two children and her husband works as a supervisor. Her business is a pulpería [small grocery store] that she started three years ago with savings that her husband gave her. It has improved their income enough to pay the basic expenses of water and electricity.

With the loans she has received previously, she has been able to invest more in merchandise, which has been good for growing her inventory and achieving more sales.

She wants to build a room with this loan, as their house is small and she wants her children to be in better conditions. To start construction, she will buy construction materials like: stone, sand, cement, ceiling beams, and corrugated metal sheets.
View original language description ↓
María Nela es una mujer trabajadora, con deseo de superación, se dedica al comercio para apoyar a su familia. Procreo dos hijos, su esposo trabaja en supervisión.
Su negocio es una pulpería que puso hace tres años, con ahorros que su compañero dio. Lo que ha venido a mejorar los ingresos y pagar los gatos básicos de agua y luz.
Atreves del financiamiento ha logrado invertir más en productos lo que ha sido de beneficio para crecer en inventario y lograr mejores ventas.
Con este préstamo quiere hacer un cuarto ya que la casa es pequeña y quiere que sus hijos estén en mejores condiciones. Comprara materiales de construcción como: piedra, arena, cemento, perlines, zinc para comenzar hacer a construir.

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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Maria Nela to buy construction materials for building a room, in order to make her children more comfortable.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Sep 13, 2010
Oct 1, 2010
Currency Exchange Loss:
Aug 15, 2011