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Alda Lucia

Update on Alda Lucia

Doña Alda is a mother who continues to work as a seamstress so that she can keep paying the loans she received from AFODENIC and Kiva. The money was invested in home improvements.

Now she wants to build a room so that her daughter will be more comfortable. Alda needs to buy materials such as cement, iron, sand, blocks, and gravel. Making these improvements to her home will provide better conditions for her family.

View original language description ↓
Doña Alda madre de familia, continua con su labor como costurera medio por el que ha salido adelante pagando sus créditos obtenidos por Afodenic y Kiva, los que ha invertido en mejoras de su hogar, ahora desea construir un cuarto para la comodidad de su hija, necesitara comprar materiales como cemento,hierro, arena, bloques y piedrín, así irá mejorando su vivienda para estar en mejores condiciones con la familia.

Previous Loan Details

Alda is a hard worker with entrepreneurial spirit and has been a fashion designer for more than 16 years. She has been the principal breadwinner for herself and her family Alda assures us that maintaining her own fashion design business has not been easy, but this loan and the ones before it, gi... More from Alda Lucia'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
  • 80
    View loans »
    Nicaragua Loans Fundraising
  • $25,384,750
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Alda Lucia to buy cement, iron, sand, blocks, and gravel.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 18, 2013
Apr 2, 2013
Currency Exchange Loss:
Apr 16, 2014