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Maria Mercedes

Update on Maria Mercedes

Maria Mercedes is a young woman who lives in a neighborhood named in memory of Sandino [a national hero]. She is married and has 3 children, ages 16, 12, and 8. Two are in primary school and one is pursuing a career path in the university. Maria has worked in the kitchen of a restaurant for many years. She and her husband work hard together to be able to offer her children the main things in life, education and food.

Maria Mercedes is soliciting an infrastructure loan; she wishes to install iron gates on her house, protection it currently lacks. The house needs this to be more secure from the criminal elements. Then her family can live more tranquilly in their home.
View original language description ↓
Joven señora que habita en el barrio memorial Sandino está casada y tienen 3 hijos de 16, 12 y 8 años dos estudian la primaria y uno está cursando una carrera universitaria, ella trabaja para un restaurante en el área de cocina desde hace muchos años, se esfuerza bastante con su esposo para poder darles a sus hijos lo principal en la vida estudios y alimentación, está solicitando su crédito para infraestructura desea poner las verjas en su casa que todavía le hacen falta para mantenerla más segura ante los delincuentes, así su familia estaría más tranquila en su vivienda.

Previous Loan Details

Maria, by trade a restaurant cook for more than six years, works to support her family. She has three children who are students, and her husband works as a purchasing agent. Together they have built their house of concrete, although it has been a slow process. For that reason, Maria needs the ... More from Maria Mercedes'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
  • 69
    View loans »
    Nicaragua Loans Fundraising
  • $25,049,000
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Maria Mercedes buy iron gates and pay for laborers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jan 17, 2013
Feb 1, 2013
Currency Exchange Loss:
Nov 17, 2013