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Sonia Marina

Update on Sonia Marina

Sonia is 40 years old. Her husband sells cosmetics for a living, and she sells tortillas, soda, soft drinks, cheese, and cream. With this income, they support their four children, who are still going to school. Their dream is to see their children become strong professionals.

Sonia is applying for this loan to invest in and strengthen her business by buying basic materials such as cornflour, corn, firewood, and dairy products, in order to continue working with more items. In this way, she can prosper and help her family.
View original language description ↓
Doña Sonia de 40 años de edad, su esposo ahora trabaja vendiendo cosméticos, ella vende tortillas, refrescos, gaseosas, queso y crema; con esos ingresos a poyan a sus 4 hijos que todavía van a la escuela y su sueño es verlos convertidos en grandes profesionales. Solicita su cuarto crédito para invertir y fortalecer su negocio comprando materia prima como maseca, maíz, leña, y productos lácteos, para seguir trabajando con más rubros de esa manera prosperar y ayudar a su familia.

Previous Loan Details

Sonia lives in a neighborhood in the capital of Managua. She makes tortillas, and has been selling them for 12 years along with dairy products such as cuajada (a soft cheese), cream, cheese, as well as cooked beans, which have helped increase her income. She began with the objective of suppor... More from Sonia Marina'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 Nicaragua

  • $4,800
    Average annual income
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Sonia Marina to buy cornflour, corn, firewood, cheese, cream and milk.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Sep 7, 2012
Nov 1, 2012
Currency Exchange Loss:
Sep 18, 2013