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Reyna Isabel

Update on Reyna Isabel

Reyna is a tortilla and nacatamales [Nicaraguan-style tamales] merchant, an occupation she’s been in for several years. It’s hard work due to being exposed to the heat of the flames but this is how she’s raised her children with much sacrifice since she’s a single mother. She’s used her loans to improve infrastructure.

This new loan is the 12th she’s requested from Afodenic to install flooring at home. She needs to buy such supplies as cement, tile and grout and to pay labor costs to continue improving her living conditions by means of her hard work and dedication aiming at family progress.
View original language description ↓
Doña Reyna es comerciante de tortilla y de nacatamales oficio desempeñado por varios años, trabajo muy pesado por la exposición al calor del fuego pero así ha hecho crecer a sus hijos con mucho sacrificio siendo madre soltera, sus créditos los ha utilizado para mejora de infraestructura. Este nuevo préstamo que está solicitando es el doceavo con Afodenic para poner el piso de su casa por lo que necesita comprar materiales como cemento, cerámica, masía y pagar la mano de obra, para seguir mejorando sus condiciones de vida con arduo trabajo y dedicación todo con el fin del progreso familiar.

Previous Loan Details

Reyna is a woman with few economic resources. She is a single mother of two handsome children. She has had to work a lot in order to get ahead. She has her own business selling tortillas and curds, and on the weekends she makes soup. Reyna has been working on her house with loans from Afodenic. T... More from Reyna Isabel'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 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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Reyna Isabel to buy building supplies.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Oct 10, 2012
Nov 1, 2012
Currency Exchange Loss:
Sep 18, 2013