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Maria Elsa

Update on Maria Elsa

María lives in the city of Masaya. Her husband supports her in everything, and her biggest dream is to finish their house and improve their conditions. Their daughters are supportive of her, too. María works as a laboratory technician in the municipal hospital.

With this new loan, María will buy the necessary materials to continue with the construction: cement, sand, and rebar. With those, she will build part of the wall around her house, since they need security and privacy. She is grateful for the unconditional support that Afodenic and Kiva have provided to her.
View original language description ↓
La señora Maria, habita en el municipio de Masaya, su esposo la apoya en todo ya que su mayor sueño es terminar su casa y mejorar de condiciones, sus hijas tambien tambien la apoyan, ella trabaja como laboratorista en el Hospital del Municipio, con este nuevo credito comprara los materiales necesarios para continuar con la construccion: Cemento, Arena, Hierro con esto realizara parte del muro de su casa ya que requiere de seguridad y privacidad. Agradece el Apoyo incondicional que Afodenic y Fondos Kiva le han brindado.

Previous Loan Details

Maria lives with her husband and daughters in the Masaya municipality. Her plans for the future are to improve their living conditions and to always support her little ones’ education. Her dream is for them to have professional careers. For several years Maria has been working in a lab at a ... More from Maria Elsa'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
  • 82
    View loans »
    Nicaragua Loans Fundraising
  • $25,447,400
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Maria Elsa to purchase construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 18, 2013
Apr 1, 2013
Currency Exchange Loss:
Apr 16, 2014