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Ada Luz
Ada Luz is a young woman 20 years of age who is studying for her law degree. She was paying for her coursework with the help provided by her mother-in-law. She is seeking the loan in order to pay for licensing and registration requirements so that she may practice her profession; otherwise she would not have any other choice but to wait until next year to see whether there may be financial resources to cover it. Practicing her profession is very important to her because it is an income source for her and her family, and also is of far-reaching significance in the nation's legal field. She believes support from Kiva is very important for low-income young people whom it helps to culminate their studies, something which is fundamental to being able to progress in life.
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Ada Luz es una joven de 20 años de edad estudia la carrera de licenciatura en derecho, pagaba sus estudios con la ayuda brindada de su suegra. Solicita el crédito para pagar el curso de titulación, de lo contrario no tendría otra alternativa que esperar hasta el próximo año para ver si hay recursos económicos y poder solventar. El ejercer su carrera para ella es muy importante porque es una forma de ingreso para su familia y ella, ya que también es trascendental en el ámbito jurídico de la nación, piensa que el apoyo de KIVA es muy importante para los jóvenes de baja posición económica a los que ayuda a culminar sus estudios, que es algo fundamental para progresar en la vida.

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
  • $25,413,450
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Ada Luz to pay for her official registration as a lawyer so that she may launch her new career.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Sep 15, 2012
Currency Exchange Loss:
Sep 17, 2014