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Alda Lucia
Alda is a single mother whose children are in elementary school. She is a hard-working woman whose children's well-being is her topmost priority. Alda is carrying out a project to make some improvements to her home. She is a seamstress by profession and, for a long time, this has been the way in which she has managed to get her family ahead in life financially. She started her business with her own funds and learned to sew from her mom. Her short term plans are to increase her sales.

Alda will use her loan to buy construction supplies such as cement, sand, quarry stone and gravel to build a drain which she needs to prevent illnesses. She is grateful to the financial institution for improving her living conditions.
View original language description ↓
Alda madre soltera sus hijos estudian en la primaria, mujer trabajadora como madre el bienestar de sus hijos es primero. Proyecto realizar mejoras en la vivienda. De professión costurera desde hace mucho tiempo siendo el recurso económico con que ha salido adelante a su familia. Inicio el negocio con fondo propio aprendió de su mama la costura, ahora sus planes de corto plazo es aumentar las ventas. El préstamo lo utilizará en compra de materiales de construcción como: cemento, arena, piedras canteras, piedrín para construir un sumidero que se requiere para prevenir enfermedades. Agradece por el apoyo de la financiera por mejorar sus condiciones de vida.

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
  • 51
    View loans »
    Nicaragua Loans Fundraising
  • $26,278,975
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Alda Lucia to buy materials to build a drain.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 30, 2011
May 16, 2011
Currency Exchange Loss:
Apr 15, 2012