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Ivania is 39 years old and lives in Laureles Norte in the capital city of Managua with her children, aged two and 12, and her husband, a driver. Her business is a general store which she has run for 10 years and started with savings and loans. She has difficulties when customers don't pay her and she loses capital. This is her fourth loan, which she will use to buy construction materials to repair her home, which is in poor condition. At the very least, she hopes to keep her house standing, and gives thanks to Afodenic for allowing her to repair her home to make her family safer. Her plans are to ensure the growth of her business through various products, and educate her sons so they will grow up to be good men.
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La señora Ivania tiene 39 años de edad, reside en laureles norte en la capital de Managua, con dos años de 2 y12 años de edad, su esposo es conductor. Su negocio es una pulpería que administra desde hace diez años la cual inicio con ahorro y prestamos, las dificultades es cuando el cliente no le paga y son perdidas a su capital. Este es su cuarto crédito el cual va a comprar materiales de construcción como perline para cambiar los cuartones de madera que están en mal estado, y lo menos que desea es que su casa se le caiga, por eso da gracias a Afodenic por que esta haciendo posible la reparación de su vivienda lo cual va estar mas segura con su familia. Sus planes es seguir hacer creciendo su negocio mediante productos variados, educar a sus hijos para que sean hombres de bien ante esta sociedad.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Ivania purchase construction materials for home repair.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 10, 2009
Mar 15, 2009
Currency Exchange Loss:
Feb 15, 2010