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Maria Jose

Update on Maria Jose

Maria José is a small businesswoman who makes a living selling dairy products, refreshments and food. For a few years, she has borrowed money to invest in her business and this time she wants to purchase raw material to boost the sale of refreshments and food. She will buy a variety of fruit, sugar, rice and meat. She hopes to be able to continue investing more in her business and achieve self-sustainability. Maria's husband continues to support the household expenses with his security guard job and in addition is able to support his family.
View original language description ↓
Maria José es una pequeña comerciante que se dedica a la venta de productos lácteos, refrescos y comidas. Desde hace algunos años, ha prestado dinero para invertir en su negocio, en esta oportunidad quiere invertir en la compra de materia prima para fortalecer la actividad de venta de refrescos y comida. Comprará frutas variadas, azúcar, arroz y carnes. Espera poder seguir invirtiendo aun mas en su negocio y lograr conseguir autosostenibilidad. El esposo de Maria José con su empleo de Guarda de Seguridad, continua apoyando en los gastos del hogar, y así también poder sacar a su familia adelante.

Previous Loan Details

María José has been selling dairy products for several years. She started with help from her family. She is married and has one child. Her husband, who works as a security guard, helps her. For six cycles she has been investing more in her business. With financing from Afodenic, she has do... More from Maria Jose'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 Nicaragua

  • $4,800
    Average annual income
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 26.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Maria Jose to buy a variety of fruit, sugar, rice and meat.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Feb 28, 2014
Apr 3, 2014
Currency Exchange Loss:
Dec 17, 2014