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Gloria Maria

Update on Gloria Maria

Gloria has experienced health problems which have made it difficult for her to progress with her business of running a convenience store. She was selling dairy products alongside her husband, who helps provide an income. Her children are all independent adults. Gloria wants to continue with her convenience store business, so is asking for a loan to invest in more products to guarantee daily support for her home. Like all Nicaraguans, she is looking for a way to help her family get ahead.
View original language description ↓
Doña Gloria, es una señora que ha pasado dificultades por sus problemas de salud lo que le ha impedido progresar con su negocio de pulpería, estuvo vendiendo lácteos a la par de su esposo quien le ayuda con sus ingresos de la venta, sus hijos todos mayores de edad e independientes, doña Gloria desea continuar con el negocio de pulpería por lo que solicita el préstamo para invertir con mas productos para garantizar el sustento diario del hogar, ella como todo Nicaragüense busca como salir adelante junto a su familia.

Previous Loan Details

Gloria is 56 years old, is married and has 4 children, two of whom are twin girls and the others are boys. All of them work and help with the expenses of the home. Her husband sells dairy products in the market. She needs the loan to invest more in dairy products like milk, eggs, cheese and cream... More from Gloria 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
  • 54
    View loans »
    Nicaragua Loans Fundraising
  • $26,297,200
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Gloria Maria to buy basic grains, dairy products, sweets and meat products, among other items.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
May 28, 2013
Jun 18, 2013
Currency Exchange Loss:
Apr 16, 2014