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Sra. Adela Ramírez is 33 years old, married, and has 5 children who are all students. She lives in the neighborhood of Isaías Gomez in the capital city of Managua. Sra. Adela operates a grocery store where she sells a variety of products. Previously she sold fried foods. Her plans include putting a fully stocked store in her home. This will enable her to pay for her children to have a good education.

With this loan, she will purchase basic grains, cinnamon, annatto, chamomile, and other products to offer to her customers. She thanks AFODENIC for providing the opportunity to borrow and the many benefits that have improved her business as well as her family.

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La señora Adela Ramírez de 33 años de edad, casada y con cinco hijos que procreo todos estudian, reside en el barrio Isaías Gomez en la capital de Managua, su negocio es la venta de abarrote en donde vende una variedad de productos, antes se dedicaba ala venta de fritanga. Sus planes es poder poner una venta surtida de productos en su casa, entre poder dar estudios a sus hijos para que tengan una buena educación. Con este préstamo comprara granos básicos, canela, achotes, manzanillas entre otros productos para ofertar a sus clientes. Da las gracias Afodenic por la oportunidad de los prestamos lo cual han sido de mucho beneficios para mejoras a su negocio como para 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 Nicaragua

  • $4,800
    Average annual income
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Adela purchase basic grains, cinnamon, annatto, chamomile, and other products.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Aug 19, 2009
Sep 1, 2009
Currency Exchange Loss:
Apr 15, 2010