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Nidia Lucia

Update on Nidia Lucia

Nidia, an entrepreneurial woman, has managed to improve her home and business through the loans she has made, creating greater comfort for her family.
She has added the sale of beef, pork, and chicken to her business, as well as continuing to sell other varieties of items.

The loan will be invested to purchase goods such as meats, cosmetics, perfumes, clothes, shoes, imitation jewelry, and gold plated articles as new products to offer to her customers. She also fills catalog orders. She will obtain increased profits which will be used for better comforts for her family.
View original language description ↓
Nidia mujer emprendedora a logrado mejorar su vivienda, su negocio mediante los prestamos realizado. Cumpliendo así con la necesidad de tener mayor comodidad para su familia. Le agrego al negocio la venta de carne de res, cerdo y pollo además de mantener su venta de variedades.
El préstamo será invertido en la compra de mercaderías como: carnes, productos de cosméticos, perfumes, ropas, zapatos, bisuteras, prendas de oro laminados siendo un nuevo producto a ofrecer a sus clientes. Trabaja también mediante encargos por catálogo. Obtendrá ganancia que será para mayores comodidades para su familia.

Previous Loan Details

Nidia is a small merchant selling clothes, shoes and cosmetics and has been in business for more than 15 years. She has had to work really hard as a single mother of three. Her sales increased with the support of Afodenic’s financing; she was able to achieve increased sales and customers. During... More from Nidia Lucia's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 41
    View loans »
    Nicaragua Loans Fundraising
  • $26,418,100
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nidia Lucia to purchase meats, cosmetics, perfumes, clothes, shoes, imitation jewelry and gold plated items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 15, 2011
Dec 1, 2011
Currency Exchange Loss:
Sep 18, 2012