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Petrona sells clothing, cosmetics and also ice cream. She has been in this business for four years and before that she worked as a maid. Now her three sons and daughters who are in Costa Rica help her by sending her money and the others live on their own.
For several years she has been building her house of concrete, thanks to her savings and the help from those working in Costa Rica. With the financing from Afodenic she has had four loan cycles for the infrastructure which has advanced faster than the construction.
There is a room which she wants to improve that’s made of zinc and has roofing timbers that are very old. She has bought stone, pebbles, sand and she will use this loan to buy sheets of zinc, timbers, nails, iron and cement to begin to finish it more securely.
View original language description ↓
Petrona es comerciante en venta de ropa y productos de cosméticos, también vende helados, el cual tiene cuatro años en las ventas, ya que años anteriores, laboraba como domestica. Hoy en día cuenta con la ayuda de sus tres hijos que están en el país de Costa Rica, los cuales envían remesas, y los otros viven independiente.
Durante varios años, ha venido construyendo su casa toda de concreto, gracias al ahorro y apoyo de sus hijos, así como el financiamiento que Afodenic ha dado en cuatro ciclos todos para la infraestructura en donde ha avanzado más rápido la construcción.
Hay un cuarto que es el que va a mejorar que aun es de zinc, y cuartones ya muy viejos, en donde tiene comprado piedra, piedrín, arena, y comprara con este préstamo laminas de zinc, cuartones, clavos, hierro, cemento para comenzar e ir poco a poco cerrándolo más seguro.

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
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Petrona to buy construction materials to begin building a concrete room since it's now made of zinc, and to change the roof.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jun 16, 2011
Jun 24, 2011
Currency Exchange Loss:
Mar 15, 2012