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Ruth Belina

Update on Ruth Belina

Ruth’s a hardworking woman who gets ahead alongside her husband who is a merchant. She’s been using her income to support her children to the maximum degree so that they can obtain what’s basic for life: food and education.

Belina’s very dedicated to her food and room rental business, additional income that’s helped her repay the loans she’s used to improve the rooms although she still needs to build her house out of concrete since it’s currently wood and metal sheeting. But she’ll be doing these projects piecemeal because she does not have sufficient resources.

Her priority now is to improve some of the rental rooms to provide better conditions for her customers. She will use the loan to buy sand, cement, rebar, concrete blocks, gravel, metal sheeting and roof purlins thus gradually improving her standard of living.
View original language description ↓
Doña Ruth mujer trabajadora sale adelante al lado de su esposo quien es comerciante con sus ingresos ha estado apoyando al máximo a sus hijos para que ellos puedan obtener lo primordial en la vida alimentación y educación, doña Belina con mucha dedicación mantiene su negocio de comidería y alquiler de cuartos otro ingreso mas que le ha ayudado a pagar sus créditos que ha utilizado para mejoras de sus cuartos aunque en la actualidad le falta levantar su casa de concreto ya que esta forrada de madera y zinc, pero ella irá haciendo todos esos pendientes poco a poco ya que no cuenta con suficientes recursos. Ahora su prioridad es mejorar algunos cuartos de alquiler, para brindar mejores condiciones a sus clientes, con el préstamo comprara arena, cemento, hierro, bloques, piedrín, zinc y perlines, así ir mejorando su nivel de vida.

Previous Loan Details

Doña Ruth continues to be in charge of her business, in which she offers delicious meals every day, as well as renting two rooms, which helps her income. With this income she supports her two younger children. She and her husband are offering them an education. Her husband continues to work, as a... More from Ruth Belina'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
  • 72
    View loans »
    Nicaragua Loans Fundraising
  • $25,756,600
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Ruth Belina to buy building supplies.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Dec 17, 2012
Jan 1, 2013
Currency Exchange Loss:
Aug 17, 2014