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Mrs. Jacoba is requesting a loan that she will use to do improvements in her home such tiling and the construction of a room. She has worked as a teacher at the School Alfonso Cortés for the past 10 years. She is a hard-working honest and responsible woman who has worked for the good of the community; she has to travel every day in order to teach the children in the rural region of La Ceiba (Nueva Guinea). She has 4 children, the oldest is 18 years old, at present she is studying the first year at the URACCAN University, the second is 15 years old and she is studying fifth year of middle school, the third is 13 years old and he studies first year of middle school and the youngest girl is 10 years old, she is studying fourth year of elementary school.
Mrs. Jacoba has the support of her husband, he works as a cabdriver in the urban area Nueva Guinea, they both share the family expenses, her dream is to have a house suited for her family and labor stability this way to help his family, since they are a low income family.

Translated from Spanish by Ana Gabriela Clark, Kiva Volunteer.

Doña Jacoba está solicitando refinanciamiento de su crédito para invertirlo en mejora de su vivienda como es embaldosado y construcción de una habitación. Trabaja como docente en la Escuela Alfonso Cortés, desde hace 10 años. Es una mujer trabajadora honesta y responsable que ha trabajado para el bien de la comunidad, tiene que viajar todos los dias a impartir el pan de la enseñanza a niños campesinos de comarca La Ceiba (Nueva Guinea). Tiene 4 hijos, la mayor tiene 18 años de edad, actualmente está estudiando I año en la Universidad URACCAN, una de 15 años está estudiando 5to año de educación secundaria, el hijo varón tiene 13 años y estudia 1er año de educación secundaria y su niña menor de 10 años de edad estudia 4to grado de educación primaria. Doña Jacoba cuenta con la ayuda de su marido, el trabaja como taxista en la zona urbana de Nueva Guinea, ambos comparte los gastos familiares, su sueño es tener una vivienda con mas condiciones y estabilidad laboral para así ayudar a su familia, ya que son una familia de escasos recursos económicos.

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.

About Nicaragua

  • $4,800
    Average annual income
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $25,787,975
    Funds lent in using Kiva
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Jacoba tiling and build a room in her house.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 15, 2008
Jun 19, 2008
Currency Exchange Loss:
Jun 15, 2010