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Valeria is married and she has 5 children ( 2 are school aged and 3 are single). She is requesting financing from AFODENIC (Kiva Field Partner) to build a galley and a corral, with the goal of improving the living conditions for the milking cows and produce quality milk, clean and healthy. And she also wants to increase her herd. She can count on the support of her husband and her eldest children, and she also earns a monthly income from the milk sales and by selling the livestock. Valeria is known to be a business woman, responsible and honest. She has demonstrated good conduct and responsibility with her finances with AFODENIC (Kiva Field Partner). She feels happy with the support she has received from this institution, having seen a great deal of success with her business and she has improved the living conditions for her family.

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La señora Valeria es casada, tiene hijos 5 (2 en edad escolar y 3 solteros), esta solicitando financiamiento a la institución de AFODENIC para realizar la construcción de una galera y un corral, con el objetivo de mejorar las condicones del ordeño y producir leche de calidad, limpio y sano, así como también desea aumentar su inventario ganadero, cuenta con el apoyo de su marido y sus hijos mayores, obtiene ingresos mensuales de la venta de leche y comercialización de ganado. Valeria se caracteriza por ser una mujer emprendedora, responsable y honesta, demostrado buena conducta y moral crediticia ante la institución de AFODENIC, ademas se siente satisfecha con el apoyo recibido de esta institucion pues a salido adelante en el desarrollo de su actividad ganadera y ha mejorado las condicones de vida del nucleo familiar.

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
  • 117
    View loans »
    Nicaragua Loans Fundraising
  • $24,832,675
    Funds lent in using Kiva
  • 20.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Valeria barn improvements.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Feb 27, 2009
Mar 3, 2009
Currency Exchange Loss:
Mar 15, 2010