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Lucrecia is a widowed 42 year old teacher. She has three children who are studying in elementary school, high school, and the university. Her parents help to support her as she works as a teacher in a rural area teaching multiple grades. She has served as a teacher for 20 years and she stays the entire week in the area where she works. She asked for a transfer from an urban area since she earns a better salary in rural areas. Her parents help to take care of her children. She is a very responsible, honest and dedicated woman who provides a great service for children who have no opportunity to study in the city.

Ms. L. would like to add an additional bedroom to her parents’ home, since she does not own her own home. Due to her small salary and the costs of her children’s studies, it is impossible for her to get her own home. With this loan, she would like to provide better living conditions for her children. She had wanted to continue her own studies, but upon the death of her husband, she decided to focus on her children and their studies since she believes that is the best inheritance she can leave them. With their studies and knowledge, they will be able to face life head on, since their knowledge can’t be sold and will never end.

Translated from Spanish by Scott Crandall, Kiva Volunteer.

La profesora Lucrecia de 42 años es viuda, tiene 3 hijos estudiando primaria, secundaria y universidad. Recibe el apoyo de sus padres, ya que ella trabaja como maestra en la zona rural atendiendo multigrados, tiene 20 años de servicio y permanece toda la semana en la zona de trabajo. Nno ha solicitado su traslado a la zona urbana debido a que en la parte rural tienen mejor salario, sus hijos son cuidados por sus padres; es una persona responable, honesta y dedicada a brindar el pan de la enseñanza a niños y niñas que no tienen la posibilidad de estudiar en la ciudad.

La Sra. L. realizara la construccion de un dormitorio anexo en casa de sus papás, ya que ella no posee vivienda, pues con el bajo salario y el estudio de sus hijos no es posible llegar a obtener una vivienda, con este credito quiere darle una mejor comodidad a sus hijos. Sus deseos fueron continuar con sus estudios, pero al quedarse viuda prefirio apoyar a sus hijos ya que considera que la mejor herencia que puede dejarles es lo que aprendan porque con ello podran hacerle frente a la vida ya que los conocimientos, no se venden, ni se terminan.

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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Lucrecia construction of a bedroom.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 1, 2008
May 18, 2008
Currency Exchange Loss:
Dec 15, 2009