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Maria Eugenia

Update on Maria Eugenia

Maria is a married mother of 3 children whom she watches over day and night in order to give them what's necessary in life. She is a hardworking and steadfast client who is always in her snack stand located in the Managua market. She has continued selling silver jewelry for many years. On this occasion, she is applying for her sixth loan in order to improve her home, specifically for placement of a gate and part of its front wall. In order for this to be possible, she needs to buy cement, sand, blocks, iron, and the pre-made gate. In this way, Maria is gradually improving her home over time.
View original language description ↓
Doña María Eugenia casada, madre de tres hijos por quienes vela día y noche para darles lo necesesario en la vida, es una clienta esforzada y trabajadora siempre en su cafetín ubicado en el mercado de Managua, continua con sus ventas de prendas de plata desde hace muchos años, en esta ocasión está solicitando su sexto crédito para mejorar su casa específicamente para la puesta de un portón y parte del muro frontal del mismo, para ser posible esto necesita comprar cemento, arena, bloques, hierro y comprar el portón ya hecho asi con el tiempo cada vez va avanzando Maria Eugenia mejorando su vivienda.

Previous Loan Details

Maria is married and the mother of three children. Since she was a girl, she learned to work in sales together with her mother. For the past few years, she has operated her own small café and has also sold variety goods. She started this work with the aim of helping her family and saving up to bu... More from Maria Eugenia'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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,754,375
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Maria Eugenia to buy cement, sand, blocks, iron, and a gate.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jan 9, 2013
Jan 11, 2013
Currency Exchange Loss:
Jun 17, 2014