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Maria Lucrecia
María Lucrecia lives in the Milagro de Dios neighborhood, a place where the residents have very few resources. She is married and works with her husband by selling dairy products. They survive off of the daily sales from their business. Their children are already grown and independent.


María Lucrecia is requesting a loan in order to invest in a variety of cheeses, cream for consumption, milk, and curds so that she can maintain her earnings and cover the household expenses.

View original language description ↓
María Lucrecia, habitante del barrio Milagro de Dios, un lugar donde sus habitantes son de muy escasos recursos, es casada y su esposo labora junto a ella vendiendo productos lácteos, negocio con el que sobreviven con la venta del día, sus hijos ya son mayores de edad e independientes. Solicita el crédito para invertir en variedades de quesos, crema para comer, leche, cuajadas, para mantener sus ingresos y así poder cumplir los gastos del hogar.

Additional Information

About AFODENIC

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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,749,225
    Funds lent in using Kiva
  • 25.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Maria Lucrecia to buy cheeses, milk, curds, and cream for consumption.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2013
Listed
Aug 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014