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Alda Lucia
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Alda Lucia is a 50-year-old single mother of three children ages 12, 15, and 20. She lives in the Laureles Sur neighborhood.


Alda Lucia is a seamstress who started her business with her own funds and now has 17 years of experience. Her business is going well, but she earns the biggest profits during the peak seasons.


With this loan, she would like to build an additional room in her house so that she and her family can live more comfortably. Her short-term plans are to finish building her house, as well as provide an education for her children so that they can grow up to be upright members of society.


Translated from Spanish by Elizabeth Casian, Kiva Volunteer.


Alda Lucia habita en el barrio Laureles Sur, tiene 50 años de edad, es soltera y tiene tres hijos de 12, 15 y 20 años de edad.



Alda Lucia es costurera, tiene diecisiete años de experiencia, y empezó su pequeño negocio con fondos propios, actualmente en su negocio le va bien, pero las mayores ganacias las obtiene por temporadas.



Con el préstamo desea hacer una habitación, para vivir más cómoda con sus hijos. Sus planes a corto plazo es poder terminar de construir su vivienda, así como poder darle educación a sus hijos para que estos sean hombres de bien para la sociedad.

Additional Information

About AFODENIC

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

  • $3,636
    Average annual income
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 19.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Alda Lucia build an additional room in her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 1, 2008
Listed
May 12, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009