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Gioconda is a mother who is very committed to her work so that she can support her family. Her current business is selling tortillas and clothes. She started out with a little money and a small grocery store. However, she couldn't manage to balance her business and therefore changed it. Now she sells tortillas and clothes.

It has not been easy for Gioconda since her goal has been to make money as she has a large family.

Gioconda has had two loans with the institution and she has been responsible in making her repayments. She will use this new loan to buy a variety of new clothes as well as school uniforms since the back-to-school season is approaching and she will take advantage of this to make sales. She will also produce more tortillas.
View original language description ↓
Gioconda es una madre muy dedicada al trabajo para lograr apoyar a su familia. Hoy en día su negocio es la venta de tortilla y ropa.
Iniciando con poco dinero con una pequeña pulpería, en donde no logro equilibrar su negocio, lo que cambio. A la venta de tortilla así como la venta de ropa.
Pues no ha sido fácil ya que su objetivo ha sido obtener ingreso ya que su familia es mucha.
Lleva dos créditos con la institución, los cual ha demostrado un buen comportamiento de pago, en donde con este nuevo crédito será para la compra variada de ropa nueva, a si como uniforme de colegios ya que se aproxima la fecha de los estudiantes lo que aprovechara a vender.a si como la producccion mas de tortillas.

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 Nicaragua

  • $4,800
    Average annual income
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 21.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Gioconda to invest in buying clothes and uniforms so that she can improve her sales. To increase her tortilla production.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Dec 24, 2010
Feb 1, 2011
Currency Exchange Loss:
Aug 15, 2011