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Maria Auxiliadora

Update on Maria Auxiliadora

María Auxiliadora is 41 years old and lives in the capital city. Her husband works in telecommunications. She is very hard-working and has gotten ahead through her work as a stylist. With her husband's support, she has been building her house little by little in order to give her only son, who is studying, as well as her clients, greater comfort.

She and her husband continue to make improvements to their housing since everything has to be done a little at a time due to insufficient funds. She is now requesting her fourteenth loan in order to put in a ceramic tile floor, for which she needs to purchase putty and cement, and pay for labor.
View original language description ↓
Doña María Auxiliadora de 41 años de edad, clienta habitante de la ciudad capital, su esposo ahora trabaja como tecnico en telecomunicaciones, ella es bien esforzada, ha salido adelante con su trabajo de estilista y con el apoyo que su esposo le brinda han ido construyendo poco a poco su casa para ofrecer una mejor comodidad a su único hijo quien está estudiando y a sus clientes, pero continúan con las mejoras de su vivienda ya que todo es poco a poco por la falta de suficiente capital ahora está optando a su catorceavo crédito con Afodenic, en esta ocasión pondrá el piso de su casa de cerámica por lo que necesita comprar lo mencionado, masía para el pegado, cemento y el pago de la mano de obra.

Previous Loan Details

Maria Auxiliadora is a dedicated woman who has worked hard as a stylist for 10 years. At the age of 39, she has succeeded in having her own little business in her house, where she has a place to attend to her customers. She started out working as an apprentice in a salon, and today her work is... More from Maria Auxiliadora'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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Maria Auxiliadora to buy cement, ceramics, putty and to cover labor costs.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Oct 22, 2012
Dec 1, 2012
Currency Exchange Loss:
Sep 18, 2013