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Rosa Maria
View original language description ↓
Maria, 41, lives in the city of Managua, in the neighborhood of Sabana Grande. She has two young children and she and her husband want to provide the very best for them, especially with regards to education. Her husband works hauling goods in a horse-drawn wagon.

Maria makes a living making and selling "cosa de horno" (a traditional cornbread-like food made from maize), a product very popular with her customers. Her grandmother taught her the skill that has long enabled her to earn a living and still does today. Her plan is to increase her volume of production so that she can become a distributor.

The loan that Maria has applied for will go to buying maize to make cosa de horno, the first step in her plans to increase production and grow her business.

Translated from Spanish by Jere Wiseman, Kiva Volunteer

Don Maria tiene 41 años de edad, habita en la ciudad de managua, en la comarca sabana grande. Tiene dos hijos menores de edad a los cuales junto a su esposo quieren darles lo mejor y sobre todo educación. Su esposo trabaja en acarreo en una carretón de caballo.

Doña Maria se dedica a la venta de cosa de horno, producto muy demandado por sus clientes, que se hace a base de maiz. Su abuelita le enseñó este oficio y con el cual ella ha podido y puede ganarse la vida. Sus planes son generar mayor volumen de producción para poder llegar a ser un distribuidor.

El préstamo lo solicita para la compra de maiz para la elaboración de cosa de horno, ya que quiere aumentar sus productos para empezar su crecimiento.

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.

About Nicaragua

  • $4,800
    Average annual income
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Rosa Maria buy ingredients for bakery business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 26, 2008
Jul 11, 2008
Currency Exchange Loss:
Feb 15, 2009