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Maria Elena
María, 23, is married and lives in the Ciudad Sandino neighborhood. Her husband works as a surgical technician in a public hospital. She works as a receptionist in a state institution. This is how this young couple seeks to get ahead in life.

They don't have children yet and, before they do, they want to make it a priority to improve their home. This is why with this first loan she'll improve the floor of the house, because it's in bad condition.

She'll buy cement and tiles to begin the work.
View original language description ↓
María es una joven de 23 años, habitante de un barrio llamado Ciudad Sandino, es casada su esposo labora como técnico quirúrgico en un hospital público, ella labora como recepcionista en una institución estatal, de esta manera esta joven pareja busca como salir adelante en la vida, aun no tiene hijos por lo que antes que lleguen ella quiere darle prioridad a la mejora de su vivienda, es por eso que con este primer crédito hará la mejora del piso de la casa que no tiene buenas condiciones, comprara cemento y cerámica para empezar la obra.

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 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
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Maria Elena to buy tiles and cement.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Apr 29, 2013
May 15, 2013
Currency Exchange Loss:
Sep 17, 2014