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Hilda Sofia
Hilda is 36 years old and a resident of the city of Managua. She is married with three children aged 19, 13 and a 9-month-old baby. The two older children are students. Hilda has been working daily for approximately five years selling cosmetics and clothing, in order to provide for her family along with her husband. This is her first loan with AFODENIC. With this loan she will build a front wall for her house, for which she needs to buy cement, blocks, sand, iron, wire tires and planks and to pay for the labor. Only with the support of financing will she be able to carry out this work, since she does not have sufficient capital. However, with the loan it will be a little easier, and it will benefit her family by allowing them to live in better conditions.
View original language description ↓
Doña Hilda de 36 años de edad, habitante de la ciudad de Managua, es casada y con tres hijos de las edades de 19,13 y un tierno de 9 meses de nacido, los dos mayores estudian ella vende cosméticos y ropa aproximadamente 5 años en esta labor cotidiana para el sustento diario del hogar en conjunto con su esposo. Esta es su primer experiencia crediticia con AFODENIC para realizar la construcción del muro frontal de su vivienda por lo que necesita comprar cemento, bloques, arena, hierro, alambre de amarre, tablones y el pago de la mano de obra, solo con apoyo del financiamiento podrá realizar esta obra de un solo ya que no cuenta con capital suficiente, pero con el préstamo se le facilita un poco más, el cual es un beneficio para su familia para vivir en mejores condiciones.

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 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

  • $3,636
    Average annual income
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Hilda Sofia to buy cement, blocks, sand, iron, wire ties and planks and to pay for the labor to build a front wall for her house.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 17, 2012
Dec 1, 2012
Currency Exchange Loss:
Dec 17, 2013