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Silvia is 55 years old. She lives in the housing development Laureles Norte with her husband and 2 children. Roughly 2 years ago she launched her own business. Her husband works as a taxi driver. They put a small restaurant in their home, where she offers a variety of homemade meals. Silvia tends to the restaurant every day of the week. She has a good number of clients, many of whom work in the surrounding area. Currently the business is the family's main source of income; it has allowed them to live with dignity. Silvia wishes to expand her business, offering a pleasant and tranquil atmosphere to her clients. At the moment, she is requesting a loan with which to purchase basic ingredients, vegetables and condiments, all to be used in the preparation of the dishes she serves to her clients. She will also buy 2 plastic tables with matching chairs in order to offer better service to her clients.

Translated from Spanish by Erin Corcoran, Kiva volunteer.

Doña Silvia tiene 55 años, habita en el asentamiento Laureles Norte con su esposo y sus 2 hijos. La señora aproximadamente hace 2 años emprendió su negocio. Su esposo se desemP. como taxista. Es así como en su pequeña vivienda, decide poner un comedor en el cual ofrece una variedad de comida casera, el cual atiende todos los días de la semana, posee un buen numero de clientes, muchos trabajan en los alrededores de la zona y son quienes mayormente degustan de los platillos que elabora la señora. Actualmente, el negocio es la mayor fuente de ingresos con que cuenta esta familia y les ha permitido vivir dignamente. El deseo de la señora es de expandir su negocio, ofreciendo un ambiente agradable y tranquilo para todos sus clientes. En estos momentos, la señora solicita un préstamo para poder comprar granos básicos, verduras y condimentos, que requiere para la elaboración de los platillos alimentos y 2 juegos de mesas con sillas plásticas, en el cual pueda brindar un mejor servicio y atención a sus clientes

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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,390,325
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Silvia buy raw materials such as oil, beans, meat ,etc. in order to invest in her restaurant.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Mar 19, 2008
Mar 5, 2008
Currency Exchange Loss:
Jan 15, 2009