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Alba Rosa

Update on Alba Rosa

Señora Alba is a hardworking woman who gets up very early every morning to make tortillas, beans and curds so she can sell fresh products. She is currently supporting two of her unemployed children. Señora Alba is requesting the loan because she needs to build a perimeter wall on the east part of her house. The area where she lives has a lot of crime, and so she urgently needs to get this work done. Then she will be able to rest calmly in her home. With the loan, Señora Alba will purchase construction materials like blocks, gravel, cement, iron and quarry rock.
View original language description ↓
La señora Alba es una mujer trabajadora, que a diario se levanta muy de madrugada para hacer tortillas, coser frijoles y cuajadas para poder vender sus productos frescos, actualmente apoya a dos de sus hijos quienes están desempleados. Ella solicita el crédito porque requiere construir el muro perimetral de la parte este de su casa, ya que la zona donde habita hay mucha presencia delincuencial, por lo que necesita con urgencia levantar esta obra para descansar tranquila en su hogar. Con el financiamiento, comprara materiales de construcción como bloques, piedrines, cemento, hierro y piedras canteras.

Previous Loan Details

Alba is continuing with her business selling tortillas, which she has had for a number of years. She makes her tortillas by hand, three times each day. She has the support of her husband and her working children. Her goal has been to complete construction work on her house. She improved the... More from Alba Rosa'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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Alba Rosa to purchase blocks, gravel, cement, iron and quarry rock.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 29, 2013
Sep 10, 2013
Currency Exchange Loss:
Oct 17, 2014