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María Elena

Update on María Elena

Maria is 36 years old, married, and has four children under the age of 17 who go to school. One of them was born with a disability and she provides him special care. She gets support from her husband, who works as a security officer. She works in her mini-market and also supports herself by making tortillas.

She needs the loan in order to invest in infrastructure, which is her primary goal. On this occasion she will have sewage pipes and bathroom plumbing installed. She is now able to make this investment given that a main sewage pipe was recently installed for everyone in her neighborhood. They did not enjoy this privilege before, and with it they will have better sanitation and a more comfortable home.

She will purchase a toilet, PVC pipes, cement, sand, blocks, iron, and pay for the labor.

All of this is thanks to Afodonic, with funds from KIVA, which she is very happy and thankful for.
View original language description ↓
Doña María tiene 36 años, es casada tiene 4 hijos menores de 17 años que van a la escuela, uno de ellos nació con capacidad diferente a quien le brinda un cuidado especial, recibe apoyo de su esposo que trabaja como guarda de seguridad, ella trabaja en su pequeña pulpería y también con la elaboración de tortillas se ayuda, el préstamo lo requiere para invertir en infraestructura la cual es su principal meta, en esta ocasión hará instalación de tuberías para aguas negras y servicio higiénico, ya puede hacer esta inversión debido a que en su barrio recién han instalado la tubería principal para toda la población, antes no gozaba de este privilegio así obtendrán mayor aseo y comodidad en su vivienda, para esto comprara inodoro, tuvos pvc, cemento, arena, bloques, hierro y pagara la mano de obra, todo esto gracias a Afodenic con los fondos Kiva, por el cual está muy contenta y agradecida.

Previous Loan Details

María is stable with her tortilla and grocery sales that she started recently since she used to work selling fried fast food. She started with money her husband gave her because sales had dropped and the price of chicken had risen so she wasn’t making any profits. Because of this, she used he... More from María Elena'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
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,731,150
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped María Elena to buy a toilet, PVC pipes, cement, sand, blocks, iron and pay for labor.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 26, 2012
Jan 10, 2013
Currency Exchange Loss:
Feb 17, 2014