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Maria Teresa
Maria Teresa is 42 years old. She is single and has an older daughter, 24, who is married with 2 children. Maria Teresa has worked in INATEC for 17 years in the library. Apart from having only one daughter she has raised 3 nephews and nieces with the help of her mother. She works in the Yolaina district and has to travel every day at 7am and returns at 6pm. Maria Teresa is a responsible, honest and very hard-working woman. This will be her 7th loan with AFODENIC, and she plans to construct a bedroom to have privacy and comfort in her home, which is what she needs. Teresa dreams of providing more for her daughter and three nieces and nephews and to have stable work to help them as much as she can.
View original language description ↓
Maria Teresa de 42 años de edad es soltera tiene una una hija mayor de edad de 24 años de edad la cual es casada y tiene 2 niños. Maria Teresa trabaja en INATEC desde hace 17 años en el area de la bibilioteca, a pesar que solamente tuvo solamente una hija ella ha criado a tres sobrinos con la ayuda de su mamà ya que ella trabaja en la colonia Yolaina, todos los dìas tiene que viajar a las 7:00 a.m. y regresa a las 6:00 p.m., ella es una mujer responsable honesta y muy trabajadora. Este seria su 7mo financiamiento en AFODENIC, con el cual ella pretende construir una habitaciòn, para tener privacidad y comodidad en el hogar ya que lo necesita. Teresa sueña un porvenir mejor para su hija y sus tres sobrinos y tener estabilidad laboral para ayudarlos en lo que mas pueda.

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
  • 41
    View loans »
    Nicaragua Loans Fundraising
  • $26,418,100
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Maria Teresa construct a bedroom.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 26, 2010
Mar 11, 2010
Currency Exchange Loss:
Jul 15, 2011