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Maria Auxiliadora

Update on Maria Auxiliadora

María now has only two children under her care. Thanks to her efforts, her other children are independent. She has the support of her husband, who helps with her business activity. She continues with her business of selling vegetables, fruit, and firewood. She has been doing this for many years to support the family.

With this new loan she wishes to make improvements to the inside of her house. She wants to do things like reinforce the side walls with concrete. They are now made of used zinc sheeting and plywood. With time they continue to deteriorate. Therefore, it is urgent to make this investment. She will use the loan to buy cement, concrete blocks, iron, and to pay for labor. This will give her house a better look.
View original language description ↓
Doña María ahora solamente tiene a dos hijos a su cargo, gracias a sus esfuerzos sus otros hijos son independientes, ella cuenta con el apoyo de su esposo quien le ayuda con su actividad comercial que sigue siendo la venta de verduras, frutas y leña desde hace muchos años lo que ha venido siendo el sostén de la familia, con este nuevo crédito desea realizar mejoras internas de su casa como paredes laterales reforzarlas de concreto ya que son de laminas usadas de zinc y plywod que con el tiempo se irán deteriorando mas por lo que es urgente hacer esta inversión, con el préstamo comprara cemento, bloques, arena, hierro y pagara la mano de obra, esto le dara mejor apariencia a su vivienda.

Previous Loan Details

Doña María continues to sell fruits, vegetables and firewood, as well as soup over the weekend, from her home-based store. Her husband helps her with the sale of vegetables. Their children attend school. She noted with satisfaction that her increased sales generated higher earnings, which hel... 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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,406,150
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Maria Auxiliadora to buy cement, concrete blocks, iron, and to pay for labor.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Dec 12, 2012
Jan 3, 2013
Currency Exchange Loss:
Oct 17, 2013