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Nubia is 57 years old. She is a merchant who sells clothes from her home and as a street vendor. She started this business seven years ago to help pay the family's expenses. She is married and her children are grown. One of them lives with her in her homse and works at a market in the capital. She has her husband's help; he works as a security guard.

Today she wants to do some home improvement by building a wall around the front. This will bring more security to her family and her property. Her house still needs a lot of work, but the wall is ncessary because of their is a lot of crime in the neighborhood and a lot of theft. This improvement is made possible with a loan in Afodenic, with ease of payments.

She will buy construction materials such as: stones, sand, cement, iron, wood planks, and nails. She will also pay for starting the work.
View original language description ↓
Doña Nubia tiene la edad de 57 años, es comerciante de venta de ropa, en su casa de habitación y ambulante, negocio que inicio hace siete años, para apoyar a su familia con los gastos. Es casada, sus hijos independientes, una de ella vive en su casa y trabaja en un mercado de la capital, cuenta con el apoyo de su esposo quien labora como guarda de seguridad.
Hoy en día, quiere mejorar su vivienda, al hacer un muro perimetral en la parte de enfrente, logrando una mejor seguridad para su familia y su propiedad. Pues a un le falta mucha condición a su pequeña casa, pero le es necesario el muro debido a que hay muchos delincuentes en el barrio, y muchos robos, Haciéndose posible esta mejora con financiamiento en Afodenic, siendo a plazos accesibles.
Comprara materiales en construcción como: piedra, arena, cemento, hierro, tablas de madera, clavos y 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
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $25,384,750
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Nubia to buy construction materials to build a wall in front of her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 11, 2012
Sep 5, 2012
Currency Exchange Loss:
Mar 17, 2014