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Sandra Maria

Update on Sandra Maria

Sandra is a hard working woman who is in charge of all the household expenses because her husband does not have a job. She does receive support from a daughter who is not in school but works instead. She continues with her business that she has had for several years selling bread and used clothing. She is requesting her eighth loan with Afodenic to invest in her business by buying a a variety of new clothing, shoes and used clothing as she does not have products in her inventory to offer to her customers. Thanks to this loan, she will invest again and hopes to continue growing.
View original language description ↓
Doña Sandra, una mujer trabajadora quien se encarga de todos los gastos del hogar debido a que su esposo esta sin empleo, pero recibe el apoyo de su hija que no estudia por dedicarse a trabajar, la señora continua con su negocio de hace muchos años la venta de pan y ropa usada. Ella solicita su octavo crédito con Afodenic para invertir en su negocio comprando variedad de ropa nueva zapatos y ropa de paca, ya que no tiene productos en su inventario para ofrecerle a la clientela, pero gracias a este préstamo volverá a invertir y espera ir creciendo.

Previous Loan Details

Sandra, 48, is a merchant who is intent on getting ahead. She earns a living selling bread and used clothing. It has been very difficult for her to cover household expenses since her husband's work does not generate much income. She wants to use this new loan to buy a pack of used children's c... More from Sandra Maria'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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Sandra Maria to buy clothing and shoes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 27, 2013
Apr 11, 2013
Currency Exchange Loss:
Mar 17, 2014