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Maria Isabel
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Doña Maria Isabel is 62 years old, married, has two children (ages 20 and 35) and lives with her husband. Her husband works as a mover. Maria Isabel has owned a restaurant for the past five years. At first, they had a hard time finding a good place to set shop. The loan they request is to purchase grains and remodel the shop. They want to make the place look as a more permanent place and be able to tend to her clients' needs.


Translated from Spanish by Maria Peterson, KIVA volunteer.




Doña Maria Isabel tiene 62 años de edad, es casada, con dos hijos de 20 y 35 años de edad, que ya son independientes y ya no viven con ella, solamente habita en su vivienda ubicada en el barrio Arlen Siu junto a su esposo. Su esposo trabaja en una camioneta de acarreo. Doña Maria Isabel tiene una comidería desde hace cinco años, una sus dificultades al comenzar fue encontrar un local apropiado para su comidería. El préstamo es para comprar granos básicos y remodelar el local, ya que quiere establecerse y acondicionarlo mejor de lo que está para poder atender mejor a sus clientes.

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
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,950
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Maria Isabel purchase of basic grains for her business and also to remodel her shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 14, 2008
Listed
May 15, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009