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Janett Concepcion
Janett continues administering her kiosk at a school, which she has been doing for a number of years, selling a variety of products. Her sales have grown thanks to the clientele she has attracted at the school, being fixed customers. She has been making improvements to her home with loans authorized by Kiva partner Afodenic for a number of cycles. With this new loan she wants to continue construction on a wall, which she made quite a bit of progress on with her previous loan, and her goal is close it off completely with concrete. She plans to purchase materials such as cinder blocks, iron, sand and cement to continue the work. Since her husband is a construction worker, they save on labor costs. Making progress with the construction is a great benefit to her family, so Janett is content in continuing toward her goal.
View original language description ↓
Doña Janett continua administrando su Kiosko en el colegio, en donde lleva varios años, vendiendo variedad de productos, ha crecido en venta,gracias a la clientela que ha captado en el colegio, siendo cliente fijos, asi como mejorado su casa, con los financiamiento que Afodenic ha otorgado en varios ciclos de prestamo.
Hoy con este nuevo prestamo seguira la construccion de pared, ya que abanzo bastante con el credito anterior, siendo su objetivo cerrarla toda de concreto, comprara materiales en bloque, hierro, arena, cemento, para seguir con la otra pared. Siendo su esposo albañil, ahorando la mano de obra. Que es de gran beneficios para la familia, al abanzar mas la construccion. estando doña Janett contenta al seguir con su meta.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 22.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Janett Concepcion to continue construction on a concrete wall, closing off her house and making it more comfortable and secure for her family.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Nov 30, 2011
Dec 13, 2011
Currency Exchange Loss:
Sep 18, 2012