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Grace is 39 years old, and lives with her husband and two children that are attending school. Her husband helps her with the household expenses and she has worked in a school in Almendro for some 13 years as a primary school teacher. She gets her monthly income to pay for their duties and they also have a small hardware store that they get other income from which means that she has the means to pay for the loan.

This will be Grace’s fifth loan to build a room for her oldest son to give him more privacy since he needs it.

Grace’s biggest wish is to be healthy and have a job to help her family.

View original language description ↓
Grace de 39 años de edad, vive con su marido y sus dos hijos los cuales estudian, cuenta con la ayuda de su marido para los gastos familiares, ella trabaja para la escuelita el Almendro desde hace 13 años, desempeñandose como docente de primaria de donde recibe sus ingresos mensuales para sus obligaciones ademàs cuentan con una pequeña ferrerteria de la cual obtiene otro ingresos econòmicos por lo tanto posee capacidad de pago.

Solicita su quinto crèdito para construir una habitaciòn para su hijo mayor y asi brindarle mayor privacidad ya que la necesit.
Su mayor sueño en la vida es tener abundante salud y trabajo para ayudar a 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 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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $25,787,975
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Grace to build a room.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 19, 2010
Dec 11, 2010
Currency Exchange Loss:
Dec 15, 2012