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Señora Melania has made a living by making bread for one year. Her small bakery offers bread to everyone who lives inside and outside her community. She has dedicated herself to this business for one year. She also sells cosmetics and clothing.

Doña Melania is an enterprising, positive woman. She hopes in the future to be able to grow her business to the degree that she can make deliveries of bread to small grocery stores so she can capture new customers that value the quality of her products. As time goes by, she hopes to be able to diversify her products and reach new segments of the market. She will invest this loan in the purchase of supplies for her business.

Translated from Spanish by Tanya Harper, Kiva volunteer

La Sra. Melania se dedica a la elaboración de pan desde hace un año, su pequeña panadería les ofrece pan a todas las personas que viven dentro y fuera de su comunidad, la Sra. tiene un año de dedicarse a este negocio, como actividad adicional también se dedica a la venta de cosméticos y ropa.

Doña Melania es una señora emprendedora, positiva, espera que en un futuro su negocio pueda crecer al grado de hacer entregas de pan a las pulperías y por ende acaparar cada día nuevos clientes que valoren la calidad de su producto, con el paso del tiempo ella espera lograr diversificar su producto y llegar a nuevos segmentos de mercado. El préstamo lo invertirá en compra de materia prima para su negocio.

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
  • 32
    View loans »
    Nicaragua Loans Fundraising
  • $26,398,725
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Melania purchase of supplies to make bread.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Apr 21, 2008
Apr 6, 2008
Currency Exchange Loss:
Feb 15, 2009