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Melania is a small businesswoman who has grown thanks to her tenacity and the support with which our institution has provided her through nine loans. Melania's business is a bakery where she works every day making delicious bread to distribute to different parts of the capital city.

Melania has workers who make the bread as well as herself and her husband. They work toward better production results.

Melania will use this loan to buy ingredients for making bread such as: flour, sugar, oil, butter, cheese, yeast as well as some new pans for preparing the bread.

Melania is happy that she has managed to keep her business steady since everything is costing a lot right now and she has to sell in order to be able to fulfil her responsibilities.
View original language description ↓
Melania es una pequeña comerciante, que ha crecido gracias a su tenacidad y apoyo a la institución mediante el financiamiento de nueve créditos. Siendo su negocio una panadería en donde día a día hacen el rico pan para distribuirlo en diferente punto de la capital.
Cuenta con trabajadores, para hacer el pan así como ella y su esposo trabajan para tener un mejor resultado de producción.
Con este préstamo desea comprar materia prima para la elaboración de pan como: arina. Azúcar, aceite, manteca, queso, levaduras, a si como más sartenes nuevos para su preparación.
Contenta por lograr mantener en equilibrio su negocio ya que todo está ah altos costos y tiene que vender para poder cumplir con sus responsabilidades.

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
  • 30
    View loans »
    Nicaragua Loans Fundraising
  • $26,396,925
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Melania to buy ingredients for making bread such as: flour, sugar, cheese, yeast, etc. to increase her production.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Nov 30, 2010
Dec 11, 2010
Currency Exchange Loss:
Jul 15, 2012