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Update on Sofia

Sofia is 62 and married. Her children are adults now and they help with the household expenses.

She is a small farmer in the area where she lives and is requesting a second loan from Afodenic in order to plant 4 manzanas [6.8 acres] of corn, for which she needs to buy supplies and fertilizers to achieve this goal. It is important to note that Sofia has plenty of experience in the field and has the support of her husband who helps her out in the fields.
View original language description ↓
Doña Sofía de 62 años de edad es casada, sus hijos ya mayores de edad que apoyan con los gastos de la casa, ella es pequeña agricultora de la zona donde vive, solicita nuevamente un segundo financiamiento ante Afodenic, con el objetivo de sembrar 4 Mzs de maíz, por lo que necesita comprar insumos y fertilizantes para lograr su objetivo. Cabe señalar que Sofía es una persona con mucha experiencia en dicho rubro y cuenta con el apoyo de su esposo quien le ayuda con las labores del campo.

Previous Loan Details

Sofia, 60, lives in La Peña, Tecolostote-San Lorenzo, with her family, which is made up of her husband and four children, who are 16, 19 and 21 years old; all are students and help with household chores. She has been a vegetable farmer for over 20 years. She sells her product to earn inco... More from Sofia'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
  • 46
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Sofia to buy supplies and fertilizers to plant corn.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Oct 6, 2012
Dec 1, 2012
Currency Exchange Loss:
Nov 17, 2013