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Sara Maria

Update on Sara Maria

Doña Sara, resident of a marginal neighborhood of Managua called Laureles Sur, is a hard-working woman. She struggles every day to afford her basic necessities. Her children are all grown and live independently from her. Sara is currently single and provides for the well-being of her home by herself through selling mail-order cosmetics and working as a concierge. With this loan, she wants to invest in raising the height of her home's walls as well as the border wall to guarantee safety for her home. Thankfully Sara has some of the materials, so it will be a bit easier to pay for the labor. In this way, she hopes to keep improving her home, little by little.
View original language description ↓
Doña Sara, Habitante de un barrio marginal de Managua llamado Laureles Sur es una señora trabajadora, que lucha a diario para poder mantener sus necesidades básicas. Sus hijos todos son mayores de edad e independientes, Sara en la actualidad está soltera y sola vela por el bienestar de su hogar vendiendo cosméticos por encargos y trabajando como conserje. Con este crédito desea invertir en subir el nivel de la pared de la casa y del muro frontal esto para garantizar la seguridad de su hogar, gracias a que tiene parte de los materiales le será un poco mas fácil el pago de la mano de obra, de esta manera espera ir poco a poco mejorando toda su vivienda.

Previous Loan Details

Sara Maria is a hard-working and responsible single woman. She is characterized as a person who has always enjoyed satisfying her own needs and achieving the things she always wanted, when they are within reach of her income. Today, Sara continues working for a state enterprise as a concierge, pu... More from Sara 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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,544,375
    Funds lent in using Kiva
  • 25.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sara Maria to purchase cement, blocks, iron and sand.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 24, 2013
Aug 3, 2013
Currency Exchange Loss:
Nov 17, 2014