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Maria Nicolasa
Maria Nicolása is 42 years old, married, and has three children. Two of her children work and one is in school. Her husband is a driver. She lives in the 19 de Febrero neighborhood and is in the 2 de Agosto cooperative in the capital city of Managua. Her business is selling cosmetics and perfumes, which she began 10 years ago with her own savings. Sewing has also been a medium for helping her husband with their expenses. With this, her ninth loan from Afodenic, she will invest in the purchase of clothing and cosmetics to be able to offer a greater variety to her customers. She thanks the institution for the commercial development she has achieved, because the long-term loans have enabled her to benefit in her personal life.
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La señora Maria Nicolása, tiene la edad de 42 años, casada y con tres hijos dos trabajan y uno cursa los estudios, su esposo trabaja de chofer, y reside en el barrio 19 de Febrero de la cooperativa dos de Agosto 2 cuatro abajo en la capital de Managua. Su negocio es la venta de cosméticos y perfumes, desde hace diez años el cual inicio con ahorros, y las costura que ha sido un medio para ayudar a su esposo con los gastos, con este préstamo es su noveno ciclo en Afodenic el cual va invertir en la compra de ropa, cosmético, y poder ofertar variedad a sus clientes. Da las gracias a la institución por el desarrollo que ha obtenido en su inversión de comercio ya que gracias a los créditos a la largo plazos ha podido generar beneficios en su vida personal.

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
  • 30
    View loans »
    Nicaragua Loans Fundraising
  • $26,395,725
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Maria Nicolasa purchase clothing and cosmetics.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jun 5, 2009
Jun 7, 2009
Currency Exchange Loss:
Feb 15, 2010