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Nidia Lucia

Update on Nidia Lucia

Mrs. Nidia is a salesperson; she keeps working hard to get ahead selling various merchandize including makeup by catalogue, new clothing, and buying and selling pigs. Through her work she has been able to see one of her biggest dreams come true, one of her children graduated and is a doctor. She studied business administration but has gotten more out of her household business for many years. At present, Mrs. Nidia needs a ninth loan to be able to stock her makeup business by buying items like perfumes, creams, powders, compact makeup, lipstick, a variety of new clothing and quality pigs to offer her faithful customers who have helped her get ahead.
View original language description ↓
Doña Nidia comerciante, sigue adelante siempre vendiendo sus productos variados entre cosméticos por catalogo, ropa nueva y la compra y venta de cerdos, por medio de este oficio uno de sus logros más importantes es que uno de sus hijos se graduó como médico, ella estudio la carrera de administración de empresas pero le saca más provecho al negocio ubicado en su casa hace muchos años. Actualmente está solicitando su noveno crédito para poder surtir su negocio de cosméticos como perfumes cremas talcos, vanidades, labiales, variedad de ropas nuevas y comprar cerdos de calidad para ofrecer a su fiel clientela, que le han ayudado a salir adelante.

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
  • 72
    View loans »
    Nicaragua Loans Fundraising
  • $25,756,600
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,500 helped Nidia Lucia buy items like perfumes, creams, powders, compact makeup, lipstick, a variety of new clothing and pigs.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 30, 2012
Oct 1, 2012
Currency Exchange Loss:
Oct 31, 2012