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Rosa Elizabeth
Doña Rosa is 54 years old. She sells clothing in her home and she also goes out to sell her products on the street. She has four children, all of whom are adults and have careers. The only difficulty that she has had was when her husband died, but thanks to the help of God, she managed to advance, along with her children, overcoming this great loss. Now it is in her plans to improve the condition of her house to have a worthy and better residence. For this she is applying for her first loan to make improvements in a room of her house. The materials that she needs to buy for this purpose are blocks, cement, sand, sheets of zinc, and plywood, and she needs to pay for labor. With this she will be able to do the work, thanks to the financing, since she is not able to cover this expense in a single payment.
View original language description ↓
Doña Rosa de 54 años de edad, es comerciante de ropa en su casa de habitación y también sale a vender sus productos a la calle, tiene 4 hijos todos mayores y profesionales, la única dificultad que ha tenido fue cuando falleció su esposo pero gracias a la ayuda de Dios logro salir adelante con sus hijos superando esa pérdida tan grande, ahora en sus planes está el mejorar las condiciones de su casa para tener una vivienda digna y mejor por eso ella solicita apoyo de un primer crédito para realizar mejoras en un cuarto de su vivienda y los materiales que necesita comprar para dicho objetivo son: bloques, cemento, arena, láminas de zinc, hojas de plywood y el pago de la mano de obra, con esto podrá realizar la obra gracias al financiamiento ya que ella no puede cubrir este gasto de un solo pago.

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

  • $4,800
    Average annual income
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,049,000
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rosa Elizabeth to buy blocks, cement, sand, sheets of zinc, and plywood and pay for labor.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Oct 17, 2012
Dec 1, 2012
Currency Exchange Loss:
Aug 18, 2013