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Luisa Fernanda
Luisa Fernanda, 20 years old, is studying for a degree in psychology. Her parents are helping her pay her university expenses. She is requesting a loan to pay the final fees to register her degree. Were it not for this loan, she would have to postpone paying these fees and instead look for a job so she could save money and pay them next year.

She is very interested in her profession because it is part of her personal development and the benefits include being able to repay all that her parents have given her and helping to improve their quality of life. She shares that AFODENIC and KIVA helped her to finish her education, which enables her to contribute to her country’s development.
View original language description ↓
Luisa Fernanda de la edad de 20 años, estudiante de la carrera de psicología, sus padres le ayudan a pagar sus estudios universitarios, ella solicita crédito para el pago del curso de titulación de su carrera, de no ser posible este préstamo habría pospuesto entrar al curso de titulación y buscaría empleo para poder ahorrar y pagarlo hasta el próximo año. Le interesa mucho su profesión porque es parte de su desarrollo personal y los beneficios son el poder retribuir lo mucho que le han dado sus padres y ayudar a mejorar su calidad de vida. Nos comparte que AFODENIC y KIVA le ayudo a culminar con su educación, lo que le permite contribuir con el desarrollo del país.

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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,075,600
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Luisa Fernanda to pay to register her degree.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 28, 2012
Sep 18, 2012
Currency Exchange Loss:
Oct 17, 2013