Check out some available loans that are similar to this one!

Update on Maria

María is 56 years old. Her youngest son, 14 years old, lives with her and she is providing for his schooling. She works as a domestic worker and gives the best she is able to her other children, who are of legal age. Through her hard work, and as a single mother, she helped them to become independent people who support her unconditionally. Through her loans, she has been improving her house, with the goal of achieving improved security and comfort. This time she would like to build an annex to her room, buying zinc roofing, steel channel u-bars, cement blocks, sand, cement, and rebar to start the work.
View original language description ↓
Doña María de 56 años de edad tiene a su cargo al hijo menor de 14 años a quien da los estudios apoyada de su trabajo como empleada domestica le da lo mejor dentro de sus posibilidades sus otros hijos son mayores de edad, con sus esfuerzos y como madre soltera ha logrado que ellos sean independientes quienes ahora la apoyan incondicionalmente con sus créditos ha venido mejorando su vivienda con el propósito de obtener mejor seguridad y comodidad. Esta vez desea hacer un anexo en su cuarto comprando laminas de zinc, perlines, bloques, arena, cemento, hierro para empezar la obra.

Previous Loan Details

María continues working by providing domestic services. She is now a single mother, and her children are married. She only helps one minor with his education. The improvement of her house has been her priority with the loans from Afodenic. They have been installments, which balanced her e... More from Maria'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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Maria to buy zinc roofing, steel channel u-bars, cement blocks, sand, cement, and rebar.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Feb 13, 2013
Mar 1, 2013
Currency Exchange Loss:
Jan 18, 2014