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Hortencia Del Carmen
Hortencia continues to work in her commercial activity, selling tortillas. She makes these herself in her home. Her children are on their own and she and her husband fight to get ahead with the expenses. He helps with the financial support of his pension, which he receives monthly. Hortencia requires the loan to buy materials such as zinc sheeting and beams to be able to change the roof on her house. It doesn't have the conditions necessary for living there.
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La señora Hortencia, continúa con su actividad comercial, la venta de tortillas que ella misma realiza en su casa de habitación, sus hijos son independientes, ella lucha al lado de su esposo para salir adelante con sus gastos quien le brinda su apoyo económico a través de su jubilación que recibe mensualmente. Hortencia requiere del crédito para comprar materiales como laminas de zinc y perlines para poder realizar el cambio de techo de su vivienda, el cual no presta las condiciones necesarias de habitar.

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,535,925
    Funds lent in using Kiva
  • 25.6
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $600 helped Hortencia Del Carmen to buy zinc sheeting and beams.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 14, 2014
Apr 13, 2014
Currency Exchange Loss:
May 13, 2014