Check out some available loans that are similar to this one!
Thelma Olimpia

Update on Thelma Olimpia

Doña Thelma resides in the neighborhood of San Sebastián. She is the mother of an adult son who is independent.

Doña Thelma has a small video game business, which allows her to cover all of the household expenses. She also works as a domestic employee so that she can help her husband. Thelma needs to improve her home, so she is requesting assistance with a loan in order to build a room in her house. This will provide better conditions and security for her family.

View original language description ↓
Doña thelma, habitante del barrio San Sebastián, madre de un hijo quien ya es mayor de edad e independiente, doña Thelma tiene su pequeño negocio de video juegos y para poder con todos los gastos del hogar también se dedica a trabajar como empleada domestica, de esta manera le ayuda a su esposo. Ella necesita mejorar su vivienda, por eso acude a solicitar apoyo de crédito para poder realizar la construcción de una habitación en su casa, para vivir en mejores condiciones y sobre todo que le brinde seguridad a la familia.

Previous Loan Details

Thelma continues her video game business, a small but profitable business. She has the support of her husband who works as a driver and that of her son who manages the business. Thelma needs to improve her roof as it's made of Nicalit. Due to its age it has broken and when there are heavy rains, ... More from Thelma Olimpia'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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 25.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Thelma Olimpia to buy materials and pay for labor in order to build a room.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 29, 2013
Jul 16, 2013
Currency Exchange Loss:
Jul 17, 2014