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Juana Ruth
Juana S. is 49 years old, and lives in Laureles Sur a neighborhood in Managua, the capital of Nicaragua. She has nine children of which four are younger and studying; her husband is the right hand of her small micro-enterprise in which they manufacture beds, dressers, and other iron based pieces. As a couple they have plans to continue expanding their enterprise, which would afford them with better living conditions. For the past eight years running their metallurgy business, they have run into difficulties having to do with a lack of financing for which they have been thankful for the loans that Afodenic has granted them. This will be their tenth loan cycle, which will be used to purchase basic materials such as: iron, springs, paints, and other items that they use to manufacture beds. This will allow them to sell higher quantities and increase their profits.
View original language description ↓
La Señora Juana S. tiene 49 años de edad, vive en Laureles Sur un Barrio de la Capital de Managua, tiene nueve hijos de los cuales cuatro son menores y están estudiando, su esposo su mano derecha en su pequeña microempresa de elaboración de camas, roperos y otros artículos a base de hierro. Juntos como matrimonio tiene sus planes de continuar creciendo como empresario y ofreciéndoles mejores condiciones de vida. Desde hace ocho años iniciaron su empresa de metalúrgica, se han encontrado con dificultares por falta de financiamiento, por lo cual se siente agradecido con Afodenic por el préstamo que le aprobado este es su décimo ciclo que será utilizado para la compra de materia prima como: hierro, resortes, pinturas y otros que se utilizan para crear camas. Permitiendo vender mayores cantidades e incrementando sus utilidades.

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
  • 82
    View loans »
    Nicaragua Loans Fundraising
  • $25,792,450
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Juana Ruth to purchase iron, springs, and paint to manufacture beds.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
May 28, 2009
Jun 4, 2009
Currency Exchange Loss:
Oct 16, 2010