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Tereza De Jesus
Doña Tereza works as a teacher and sells Avon cosmetic products to stabilize her economy and support the family. Her husband works as a driver and her four children are in school.

Through loans from Afodenic, Tereza has been making home improvements in order to give her children a better home environment. Since materials are expensive the loans have allowed her to pay over time and balance her expenses.

The new loan will be used to build an indoor concrete wall for more privacy. The materials required to begin the project are blocks, sand, iron, cement and boards.
View original language description ↓
Doña Tereza labora como docente y comercializa productos de cosmetico Avon, para lograr su estabilidad economica, como el apoyo a su familia, su esposo labora como conductor y sus cuatro hijos estudian.
Tereza ha venido mejorando su casa, con financiamiento en Afodenic, lo que para ella ha sido de gran logro al poder dar una mejor vivienda a sus hijos, pues todo esta ha altos costos y es por este medio que se avanza mas, ya que son ah plazos, pudiendo equilibrar sus gastos.
Con este nuevo prestamo sera para la construccion de pared de concreto interna para lograr mejor privacidad. Materiales a comprar bloques, arena, hierro, cemento, tablas entre otros materiales para comenzar la obra.

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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,049,000
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Tereza De Jesus to build a wall for more privacy.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Sep 13, 2011
Sep 22, 2011
Currency Exchange Loss:
Dec 15, 2012