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Maritza Antonia
Maritza, 36, has a lot of initiative. She had three children who are still in school. She and her husband run a general store that began as a small grocery store thanks to loan from a family member. Financing from Afodenic have allowed her to continue and both she and her husband are happy to be able to offer their customers a variety of every-day use products.

She extends credit to some of her customers who don't have enough money to buy all the food they need at one time and she recognizes their need. This creates a crisis for her business because she is then repaid only every two weeks.

She will use this funding to buy cooking oil, rice, beans, sugar, toilet paper, canned sardines, food preparation items, cereals, jars of milk, dairy products, meat, brooms, and other articles to increase her sales.

For the future, she would like to enlarge her sales space because it is very crowded currently. She hopes to reach her goal because it it important for them to break even in their business because all expenses like schooling, food, and medicines must come out of its profits.
View original language description ↓
La señora Maritza de 36 años de edad, es una mujer de mucha iniciativa, procreo tres hijos los cuales cursan sus estudios, junto con su esposo administran su negocio una micelania la cual comenzó como una pequeña pulpería con préstamo de la familia. Luego ha venido invirtiendo con los financiamientos que Afodenic ha otorgado, para ella como su esposo están contento por poder ofrecer a sus clientes una diversidad de productos de consumo diario, algunos cliente le da al crédito ya que no le da para comprar sus alimentos de una sola vez y ve la necesidad, y la crisis del comercio el cual les pagan ala quincena. Con este préstamo quiere invertir en lata de aceite, arroz, frijoles, azúcar, papel higiénico, lata de sardinas, productos para cocinar los alimentos, cereales, pote de leche, lácteos, carne, escobas y otros para aumentar las ventas. A futuro es agrandar más el local de la venta ya que esta muy saturado, espera lograr hacer su objetivo ya que para ellos es importante mantener el equilibrio de su negocio ya que los estudios, alimentación, medicina sale de sus ganancias.

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
  • 41
    View loans »
    Nicaragua Loans Fundraising
  • $26,418,100
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Maritza Antonia to buy cooking oil, rice, beans, sugar, toilet paper, canned sardines, food preparation products, cereals, jars of milk, dairy products, meat, brooms, and other merchandise to increase sales.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 25, 2010
Jan 26, 2010
Currency Exchange Loss:
Dec 15, 2010