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Maria Elena
Miss Maria Elena Espinosa Pérez is 54 years old and is a single mother. The support that she has received through her work as a dressmaker and through her only daughter that works with her, supports her with the expenses of her home. The plan for her family is to be able to finish constructing her home so that in the future they can live comfortably. In spite of her age, she has fought hard to be able to make her dream a reality of seeing her house finished.

With this financing, she is going to buy construction materials to improve her terrace roof, which is in bad condition. She gives thanks to Afodenic for the support that that they have provided to her family to achieve her goals.
View original language description ↓
La señora Maria Elena Espinosa Pérez tiene la edad de 54 años, ella es madre soltera, el apoyo que ella obtiene es a través de su trabajo como modista y su única hija que trabaja le apoya con los gastos del hogar, los planes hacia su familia es poder terminar de construir su vivienda para que en un futuro puedan vivir cómodos, ya que a pesar de su edad a luchado mucho para poder hacer realidad el sueño de ver terminada su casa .Con el financiamiento va a comprar materiales de construcción para mejorar el techo de la terraza que esta en mal estado, da la gracias Afodenic por el apoyo que ha brindado a su familia para lograr sus objetivos.

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
  • 29
    View loans »
    Nicaragua Loans Fundraising
  • $26,396,925
    Funds lent in using Kiva
  • 20.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Maria Elena buy construction materials to repair her terrace roof.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Mar 31, 2009
Apr 5, 2009
Currency Exchange Loss:
Jan 15, 2010