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Celia Pastora

Update on Celia Pastora

Celia continues with her local store and her sales have been growing because of the financial loans she has been granted in all these years from Kiva field partner Afodenic. The business has occupied part of her living room, leaving little space to share with her family, but it has been for the common good of everyone. Her husband continues helping and working as a taxi driver, and her children continue with their schooling. She has a start on the construction, and with this new loan she will buy construction materials in order to finish the enclosure for the annex on her home that will serve as her business and offer more comfort, space and better service for her clients and her family.
View original language description ↓
Doña Celia sigue con su negocio de pulperia, en donde ha venido aumentando sus ventas, esto lograndolo con financiamiento que Afodenic, ah otorgado, en todos estos años, ah ocupado parte de su sala, teniendo poco espacio para compartir con su familia, pero que ha sido para el bien comun de todos.
Su esposo sigue apoyando y ejerciendo su trabajo de taxi, y sus hijos, cursando el año escolar, ya tiene un comienzo de la construccion, lo que con este nuevo prestamo comprara materiales de construccion para terminar de cerrar el local, donde sera la pulperia.Teniendo mejor comodidad, espacio, dando un mejor servicio a sus clientes y a su familia con este nuevo local.

Previous Loan Details

Celia is a merchant who has been developing and operating a small store for twelve years. She began her business with the money her husband gave her. She has been able to increase her inventory thanks to the financing obtained through the loan institute, which has helped her improve sales. ... More from Celia Pastora'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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Celia Pastora to finish constructing an annex for her local store, offering better service to her clients.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Oct 20, 2011
Nov 2, 2011
Currency Exchange Loss:
Oct 16, 2012