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Araceliz Del Carmen
Araceliz lives in a county located eight kilometers from the department of Chontales, with her husband and two school-aged children. She sells pigs and also sells fried foods from her home. Her husband helps with the cooking.

Araceliz is requesting a loan to build another room for her children. She has some of the materials but still needs to buy gravel, cement, and iron and to hire workers. This investment will improve the family's living conditions.
View original language description ↓
La Señora Araceliz habita en una comarca ubicada a 8kms del Departamento de Chontales junto a su esposo y sus dos hijos, quienes están en edad escolar, la actividad comercial de Araceliz es la venta de cerdo en pie, también hacen fritanga para vender todos los días en su casa de habitación, el cual su esposo le ayuda a realizar la comida. Solicita el crédito para ir construyendo un anexo de cuarto que es de necesidad para sus hijos quienes comparten habitación, ella cuenta con parte del material, pero aun le falta comprar piedrínes, cemento, hierro, pago de mano de obra. Con esta inversión su familia obtendrá mejores condiciones de vida.

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 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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 25.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Araceliz Del Carmen to buy gravel, cement and iron, and to hire workers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 30, 2013
Sep 28, 2013
Currency Exchange Loss:
Nov 18, 2014