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Vilma, a small producer, earns her daily bread through her own efforts. She lives in the rural zone of Santo Domingo, Chontales. Her spouse, who has a great deal of experience in agriculture, helps her with household expenses, as they are a very united family. Her son is a minor and goes to primary school.

For the first time, Vilma is turning to Afodenic to request a loan through Kiva. She will buy three calves at reasonable prices in order to fatten them and then sell them at a better price, trying to earn income and improve her quality of life.

Vilma explains that the little bit that she earns is not enough to make this investment. This activity is a way of taking a risk in life in order to get ahead; for her it is her main source of income. The milk that she sells only allows her to pay for some pasture clearing and to buy food, so buying cattle and selling them for more money will allow her to make a good investment and increase her income, which would be very beneficial for her family.
View original language description ↓
Doña Vilma, pequeña productora, con esfuerzos propios se gana el pan de cada día, habita en la zona rural de Santo Domingo chontales, su esposo con mucha experiencia en la Agricultura le ayuda con los gastos del hogar siendo una familia muy unida, su hijo es menor de edad y estudia educación primaria. Por primera vez doña Vilma se remite a Afodenic para solicitar crédito mediante Kiva para comprar tres terneros a precios módicos para engordarlos y luego venderlos a un mejor precio tratando de obtener ingresos y mejorar su calidad de vida. Expresa que con lo poco que gana no ajusta para la inversión y esta actividad es una manera de jugarse la vida y salir adelante para ella ya que es su principal fuente de ingresos; de la leche que vende ella ajusta para pagar algunas chapias de potrero y comprar la comida, pues al comprar ganado y venderlo mas caro le permitirá hacer una buena inversión e incrementar sus ingresos que sería de mucho provecho para su familia.

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 Nicaragua

  • $4,800
    Average annual income
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $600 helped Vilma to buy three calves to fatten and sell at a better price.
66% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Aug 7, 2014
Aug 16, 2014
Currency Exchange Loss: