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Maria Eugenia

Update on Maria Eugenia

Maria Eugenia is a humble and extremely hardworking woman who has limited financial resources. She is the mother of five beautiful children who make her feel proud. Her job is that of a street vendor who sells corn on the cob, corn tamales, "wirilas" (sweet tortillas stuffed with cheese), tamales, and stuffed tamales. Maria's business is the main source of income by which she is able to earn a daily living for her household. Like any mother, she wants to provide a better future for her children.

Her reason for requesting another micro-loan is to build a wall around her home in order to provide more security, better conditions, and a better standard of living. In order for the construction to occur, she needs to buy quarry stones, gravel, wire, supports, cement, blocks, rulers, nails, and other supplies. Starting the construction will be a reason for her, her husband, and her children to be happy.

View original language description ↓
Maria Eugenia es una mujer de bajos recursos economicos humilde pero muy trabajadora. Madre de cinco hermosos hijos de los cuales se siente muy orgullosa. Su labor ha sido la venta ambulante de elote, yoltamales, wirila, tamales, tamales rellenos; negocio que ha sido para ella su principal fuente de ingresos para llevar el pan de cada dia a su hogar. Como madre desea el mejor porvenir para sus hijos, razon misma que le conlleva una vez mas a acudir a la micro-financiera es la construccion de su muro perimetral en su vivienda obteniendo con el mismo seguridad, mejores condiciones y un mejor nivel de vida. Pero para dicha construccion requerira comprar piedras canteras, piedrin, alambre de amarre, estribos, cemento, bloques, piedrin, tablas, clavos entre otros y asi empezar la infraestructura que sin duda sera motivo de alegria para sus hijos, esposo y su persona.

Previous Loan Details

María Eugenia is a hard working woman of scarce economic resources. She is 33 years old, married and has five children. Her husband works as a hauler using his horse-drawn tractor. Her business is selling “yoltamales” (Nicaraguan sweet, corn tamales) and “wirila” (cheese and cinnamon-stuffed... More from Maria Eugenia'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

  • $4,800
    Average annual income
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Maria Eugenia to buy materials for building a security wall around her home.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
May 9, 2012
May 21, 2012
Currency Exchange Loss:
Aug 18, 2013