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Julia Maria

Update on Julia Maria

Sra. Julia is a resident of the capital city of Managua. Even though she is a woman who does not have the support of a partner, she has been able to get ahead and is pleased with this accomplishment. After God, the most important thing to her is her son who she helps financially and morally. At the moment, she needs to make improvements to the infrastructure of her home. She has a grocery business as a source of income and the micro-loan that is being provided will enable one of her greatest dreams to become a reality.

With this loan, she will buy the following materials: iron, supports, cement, wire, blocks, sand, gravel, and other supplies. This will enable the work to begin so that she can experience security for herself and her home. She is grateful for the trust being shown to her so that she can improve her quality of life and fulfill her goals. Her long-term projects are to improve her home and invest in her store.

View original language description ↓
La señora julia, habitante de nuestra capital Managua. Es una mujer que a pesar de que no ha tenido un apoyo de pareja ha logrado salir adelante, se siente muy contenta ya que despues de Dios lo mas importante que tiene ella es su hijo el cual le ayuda economicamente y moralmente. En estos momentos requiere mejorar la infraestructura de su vivienda; con su negocio de pulperia y con el auxilio economico que le ha brindado la micro-financiera ha podido hacer uno de sus grandes sueños hecho realidad. Con el prestamo comprara los siguientes materiales: Hierro, estribos, cemento, alambre de amarre, bloques, arena, piedrin entre otros y de esta forma dar inicio a la obra misma que le otorgara seguridad para su persona y vivienda misma. Agradece la confianza que le brinda para mejorar su calidad de vida y cumplir sus metas. Sus poyectos a largo plazo es seguir mejorando su vivienda e invertirle a su pulperia.

Previous Loan Details

Julia is a single mother. Her only son works and has helped her financially to build her house. Her long and short term plans are to have her own business. She has the necessary experience in the business and will start it with her own funds. Over time, little by little she has made the money bei... More from Julia Maria's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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

  • $3,636
    Average annual income
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Julia Maria to pay for infrastructure improvements to her home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 13, 2012
May 1, 2012
Currency Exchange Loss:
May 17, 2013