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Silvia Elena
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Mrs. Silvia is 57 years old and sells fruits and Nacatamales (local tamales served as breakfast on Sundays or lunch during the week) on Saturdays and Sundays. she is married and her 4 children are adults and live outside the home. 15 years ago, Mrs. Silvia started her business selling nacatamales, but over time was able to extend to the sale of fruits from her home.

Mrs. Silvia's husband is an electrician, but is currently unemployed, a situation that has brought Silvia to search for other sources of income. As a result she is requesting a loan in order to be able to purchase construction materials to make a small room in her house that she can rent and be able to count on other income the will permit her family to live comfortably and stably.

Translated from Spanish to English by Laura Jung, Kiva Volunteer

Doña Silvia tiene 57 años de edad, se dedica a la venta de frutas y también vende Nacatamales los sábados y los domingos, es casada y sus 4 hijos ya son mayores de edad e independientes a ella.

Hace 15 años Doña Silvia empezó el negocio de las ventas de nacatamales pero con el tiempo pudo extenderse también a la venta de frutas en su casa de habitación.

El esposo de Doña Silvia es electricista pero en estos momentos se encuentra desempleado, situación que lleva a Doña Silvia a buscar otras fuentes de ingresos, es por eso que solicita el crédito, para la compra de materiales de construcción para hacer un pequeño cuarto en su vivienda, y así ponerlo de alquiler y poder contar con otros ingresos que le permitan a esta familia una condición de vida estable.

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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,801,550
    Funds lent in using Kiva
  • 19.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Silvia Elena construction of a bedroom.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 21, 2008
Jul 25, 2008
Currency Exchange Loss:
Sep 15, 2009