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Maria Concepcion

Update on Maria Concepcion

María is 45 years old. She is a very hardworking woman and she has always supported her family. To that end, she started selling toasted corn meal cereal, corn starch, cereal, and calabash tree seeds, and then she sold tortillas. However, for health reasons she no longer makes tortillas and she found work as a receptionist where she has benefits and set monthly pay. Her husband works at a small store in a hospital and their youngest son, who is 20, works and studies accounting, contributing to the household expenses.

The loans from AFODENIC have helped María a great deal. When she started out, her small home was made of wood; now, after eight loan cycles, it is made of concrete. With her last loan, she extended part of the wall on the far side of the front of her home. Now, with this new loan, she will extend it back, as behind her there is a small house made of corrugated metal that is encroaching on her property and whose runoff water is harmful to her because it collects in a pool where mosquitoes breed. This is why she will start work and buy gravel, sand, cement, iron, and wood planks.
View original language description ↓
Doña María de 45 años de edad, es una mujer trabajadora, siempre ha apoyado a su familia, lo que inicio con la venta de cereales en pinol, pinolillo, cereal, semilla de jícaro, luego con la venta de tortillas, pero debido a su salud, deja de palmear y consigue un trabajo de conserje con los beneficios del seguro y su dinero mensual fijo. Su esposo labora en un hospital en bodega, el hijo menor de 20 años aun vive con ellos, trabaja y estudia contabilidad aportando a los gastos básicos del hogar.
María se ha ayudado mucho con los créditos en Afodenic, siendo su casita de madera, hoy en día es de concreto con ocho ciclos que ah trabajado, el crédito anterior avanzo una parte del muro en el extremo de enfrente, hoy con este nuevo préstamo seguirá avanzando atrás, ya que al fondo hay una casa de zinc, que se le está metiendo en su terreno y las aguas que lavan le están perjudicando ya que se le hace charco, produciendo muchos mosquito es por tal razón comenzara la obra, comprara; piedra, arena. Cemento, hierro y tablas de madera

Previous Loan Details

Maria has worked as a janitor for private company for 5 years. She works there every day to provide for her family. Her husband is a shopkeeper. Together, they have been building a wall in the back part of their house that they started, but have not yet finished. They are building it part by ... More from Maria Concepcion'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 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
  • 45
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Maria Concepcion to buy construction materials to build a wall at the back of her property.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 16, 2012
Sep 7, 2012
Currency Exchange Loss:
Jan 18, 2014