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Asociacion Aadesco Group
In this Group: Felipe, Roberto , Ignacio Dionisio, Jose De La Cruz
The AADESCO Water and Sanitation Committee (CAPS) led by Felipe is located in Valle de La Laguna, which supports Masaya, Nicaragua. The well located here has been in operation for 20 years and provides service to more than 480 users in the community of Valle de La Laguna. The Board of Directors of CAPS is requesting its second loan so that it can invest in the maintenance of the control panel, pump, and motor. Materials such as paint, doors, and windows will also be purchased to repair the user services offices in order to provide security.

All of the users will contribute to the payment of this loan, which will be funded by water invoice payments that have been received on time.
View original language description ↓
El Comité de Agua potable y Saneamiento (CAPS) AADESCO, liderado por el señor Felipe se encuentra ubicado en el valle de la laguna de apoyo de Masaya, Nicaragua, el pozo de agua tiene 20 años de operación, abasteciendo a mas de 480 usuarios de la comunidad del valle de la Laguna. La junta directiva del CAPS está solicitando su segundo crédito para invertir en el mantenimiento del panel de control, bomba y motor y la compra de materiales para la reparación de las oficinas de atención a usuarios como pinturas, puertas y ventanas para dar seguridad a las oficinas. Todos los usuarios contribuirán con el pago del préstamo mediante el pago de las facturas de agua a tiempo.

Additional Information

More information about this loan

This loan is part of an AFODENIC pilot project to provide capital to Drinking Water and Sanitation Committees. These committees are comprised of community members who work on a volunteer basis to manage wells and water distribution in the rural areas where they live, which do not have access to government-provided running water. Loans are disbursed to committee members, who represent their entire communities – hundreds or even thousands of individuals – using a solidarity guarantee. Committees use these loans to repair water pumps, install water meters, and buy new pumps or motors for existing distribution systems. Loan repayments are made jointly via small contributions from all members of the community who benefit from water access. Committee members are responsible for collecting and tracking repayments. Kiva is very excited to support AFODENIC's initiative to expand access to clean drinking water in rural Nicaragua. 


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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Nicaragua

  • $4,800
    Average annual income
  • 30
    View loans »
    Nicaragua Loans Fundraising
  • $26,395,725
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Asociacion Aadesco Group's $3,000 loan helped a member to buy paint, doors, and windows for repairing the committee offices and to pay for the maintenance of the well control panel, pump, and motor.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 10, 2013
May 14, 2013
Currency Exchange Loss:
Dec 17, 2013