Check out some available loans that are similar to this one!
Nicolasa Carolina
Nicolasa is 43 years old and a small business owner. She has sold tortillas for several years. She lives with her family.

She started with a little money that her husband gave her and that was the beginning for her and later she was able to increase her sales. She has worked with Afodenic for ten cycles and has been able to improve her home and invest in her tortilla business which is her source of income and how she pays for her personal expenses.

With this loan she will build a wall which will give her house more security and sanitation. This was what the last loan was intended for, but she was unable to use it for that because she had to change the roof on her house as that was more urgent.

No she will buy: stones, sand cement, and iron and she will start to build the wall. In this way, she will be able to start the project and enjoy the benefits through the financing.
View original language description ↓
Doña Nicolasa tiene la edad de 43 años, pequeña comerciante, se dedica a la venta de tortilla, desde hace varios años, tiene 43 años, vive junto con su familia.
Inicio con poco dinero que dio su esposo, el cual para ella fue su inicio, que luego logro aumentar su producción de venta. Con Afodenic ha trabajado por diez ciclos lo que ha logrado mejorar su vivienda, inversión en su tortillería que es su medio para lograr ingresos y lograr pagar sus gastos básicos como necesidades personales.

Con este crédito hará un muro el cual podrá tener mejor seguridad de su casa como la higiene, con el crédito anterior ese era su destino pero no lo logro por que tuvo que cambiar el techo de su casa que le fue más de necesidad.
Ahora comprara: piedra, arena, cemento, hierro y comenzara hacer el muro, logrando así comenzar la obra y gozar de los beneficios a través de los financiamientos.

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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,767,775
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Nicolasa Carolina she will buy construction materials such as: stones, sand, cement, and iron to make the wall and have more security in her property.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 30, 2010
Aug 7, 2010
Currency Exchange Loss:
Jan 15, 2012