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Silvia Elena

Update on Silvia Elena

Silvia, 37, is married and has five school age children. She’s been employed by the government for the last 24 years as a teaching consultant. She’s asking for her 7th loan to improve her new house because she used to live in Nueva Guinea and she’s just been transferred to Juigalpa and her new house does not have the best conditions for her children so she wants to fix up her children’s rooms to provide her family with better living conditions.
View original language description ↓
Silvia de 37 años de edad es casada, tiene 5 hijos en edad escolar, labora para el gobierno desde hace 24 años como Asesora Pedagogica. Esta solicitando su 7mo. credito con el objetivo de mejorar a su nueva vivienda, pues anteriormente vivia en Nueva Guinea y acaba de ser trasladada a Juigalpa, y su nueva vivienda no cuenta con las mejores condiciones para sus hijos, por eso desea acondicionarle los cuartos a sus hijos y asi brindarle a su familia mejores condiciones de vida.

Previous Loan Details

Dona Silvia Elena is applying for her 6th loan from AFODENIC to make home improvements such as repairing the walls of her house and installing a new roof over the kitchen. She has worked as a teacher in the La Union area for 24 years. She has 5 children, the oldest of whom is 15 years old and i... More from Silvia Elena'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 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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,406,150
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Silvia Elena to improve the rooms in her house.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 17, 2011
Oct 17, 2011
Currency Exchange Loss:
Nov 15, 2012