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Eda Maria

Update on Eda Maria

Eda, together with her husband who is retired and children who are already independent, has done her duty as a mother of getting them all ahead. Today she lives and supports her home expenses by renting out rooms in her home.

She is requesting a third loan from Afodenic and Kiva in order to change part of her roof and plaster her house. In order to do this she needs to buy sheets of zinc, cement and sand in order to improve the conditions of her home. This would not be possible without financial support, which is why she is very thankful for this lending program.
View original language description ↓
Doña Eda, acompañada de su esposo quien es jubilado, ya sus hijos son independientes, ella ha cumplido con su deber de madre de sacarlos adelante a todos, hoy en día vive y mantiene sus gastos del hogar del alquiler de cuartos en su casa, solicita un tercer crédito a Afodenic y Kiva para cambiar parte del techo y repellar su casa, para esto necesita comprar laminas de zinc, cemento y arena para mejorar las condiciones de su vivienda, esto no sería posible sin el apoyo de financiamiento por lo que ella está muy agradecida con este programa de crédito.

Previous Loan Details

Eda Maria is a self-starting woman who is 60 years old and has a lovely family. She runs her own business out of her home renting two of the rooms in the house. This business has allowed her to cover some of her personal expenses and some expenses for her home. One of her most pressing needs i... More from Eda 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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,406,150
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Eda Maria to buy sheets of zinc, cement and sand.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 22, 2013
Apr 5, 2013
Currency Exchange Loss:
May 17, 2014