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Maritza De La Concepcion

Update on Maritza De La Concepcion

Maritza lives with her family in Ticuantepe. She has been a merchant for more than five years and her husband is a farmer who raises pineapple and pitahaya and she sells them. She used the money from the previous loan to build her house and she needs to buy materials to finish it. She will use the money from this loan to buy building materials such as cement, sand, zinc metal sheeting, iron bars, etc. She is grateful for the support from Afodenic, and for the funds that Kiva has provided.
View original language description ↓
La señora Maritza habita junto a su familia en el municipio de Ticuantepe, ella es comerciante desde hace mas de 5 años ya que su esposo es agricultor y cosechan piña y pitahaya, ella aprovecha los cultivos para comercializarlo, con los creditos anterior a podido levantar su casa per actualmente requiere comprar materiales para darle un acabado, con este credito comprara materiales como: Cemento, Arena, Zinc, Perlines, etc. Agradece el apoyo que Afodenic en conjunto a Fondos Kiva le han brindado.

Previous Loan Details

Maritza lives in Ticuantepe with her family. Her husband has worked as a farmer for a long time. Her future plans are to improve her living conditions. Maritza sells fruit and vegetables in one of the markets in the capital; it’s her source of income to provide her children’s daily bread... More from Maritza De La Concepcion'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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,749,225
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $625 helped Maritza De La Concepcion to buy building materials.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 22, 2013
Jun 3, 2013
Currency Exchange Loss:
Jul 3, 2013
This photo was used before for a previous loan for Maritza De La Concepcion. It was first posted on Kiva on Apr, 2012. Learn More