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Karen Maritza
Karen is a sales consultant by profession. She has been working for six years to support her family. Her goal has been to improve her home and she has managed this with the support of her husband and Afodenic. For four loan cycles, she has bought construction supplies and managed to build the front walls of her house.

Karen is happy to have made this improvement and will use her new loan to buy a window and door, as well as iron and welding materials, so that she can have some grilles made which will make her house safer for her young children.

Karen's future plans are to continue building her walls from concrete until the house is finished and she hopes to achieve this with loans.
View original language description ↓
Karen de oficio promotora de venta con seis años laborando para el apoyo de su familia, como objetivo ha sido la mejora a su casa, el cual ha vendió mejorando con el apoyo de su esposo y la institución Afodenic, en donde con cuatro ciclo ha comprado materiales de construcción y levantado las paredes de enfrente.
Karen está feliz por poder lograr esta mejora, con este nuevo préstamo comprara ventana y puerta a si como hierro, soldadura para hacer las verjas y poder tener una casa con mayor seguridad para sus pequeños hijos.
Como planes a futuro es seguir levantando las paredes de concreto hasta terminarla y que espera lograrlo con los financiamientos siendo con modalidades de pago.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,535,925
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Karen Maritza to buy a door and window, as well as iron and welding materials so that she can close off her house.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
May 17, 2011
May 23, 2011
Currency Exchange Loss:
Aug 16, 2012