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Raquel Marie
Senora Raquel is married, 44, and has 2 children ages 19 and 22, a girl and a boy. Both children work and attend the university. She receives the support of her husband who works for the National Police, and she has been teaching at the upper level for 10 years in UNAN and UNA Universities Thursday, Friday, Saturday and Sunday. She is requesting her fifth loan, which she will use to put down a tile floor in her home, since it is a work in progress and the tiling has been started. She will also paint the whole house if the budget allows.

Professor Raquel has paid her loans on time, demonstrating her responsibility to the commitments she has undertaken. She is rated as an "A" client of this institution. She has demonstrated that she has not worked with any other financial institution because she does not like politics, but she feels very well-served with AFODENIC and the rules are more flexible. She says as well that she will keep working with her loans until she has completed all the improvements to her home that she and her family have always dreamed.
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La Sra. Raquel, casada, de 44 años de edad, con 2 hijos de 19 y 22 años (mujer y varon), ambos trabajan y estudian la universidad, recibe el apoyo de su esposo, quien trabaja en la Policica Nacional, ella trabaja en las universidades UNAN y UNA los dias jueves, viernes, sabados y domingos, con 10 años de trabajo en la docencia superior; esta solicitando su credito # 5 el que utilizara para ponerle el piso de ceramica a su casa, ya que es una casa de proyecto y se se las entregaron embaldozadas, ademas pintara toda la vivienda si el presupuesto ajusta. La profesora Raquel ha pagado sus creditos en tiempo y forma demostrando responsabilidad con sus compromisos adquiridos, esta catalogada como clienta "A" de esta institucion. Manifiesta que no ha trabajado con ninguna otra financiera porque no le gustan las politicas, mientras que con AFODENIC ella se siente bien atendida y las politicas son mas flexibles, ademas dice que continuara trabajando con sus creditos hasta lograr dar todas las condiciones a su vivienda que es lo que siempre han soñado ella y 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 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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,753,075
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Raquel Marie lay tile and paint her house.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Dec 11, 2008
Dec 12, 2008
Currency Exchange Loss:
Dec 15, 2009