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Fidelia Paola

Update on Fidelia Paola

Fidelia is 37 years old, single, and has 2 childen, both of whom are in school. She works as a sales person in the San Antonio super market. She is requesting her 8th loan; this one for the purpose of sub-dividing her rooms to facilitate greater personal comfort for her family. At present, she simply has the rooms divided by curtains.

It should be pointed out that Fidelia, thanks to the loans she previously received, has been able to construct her own little house. Previously, she lived in her sister's house.
View original language description ↓
Fidelia de 37 años de edad, es soltera, tiene 2 hijos estudiando, trabaja como impulsadora de ventas en el Super San Antonio. Esta solicitando su 8vo credito con el objetivo de hacer las divisiones de los cuartos, ya que actualmente las tiene divididas con cortinas y asi brindar mayor comodidad a su familia. Cabe señalar que fidelia gracias a los creditos que ha recibido ha logrado construir su propia casita, pues anteriormente vivia en casa de una hermana.

Previous Loan Details

Fidelia Paolo is single and is 34 years old with a four-year-old daughter who is in preschool. She has worked at Super San Antonio for 11 years as a promoter of sales. She works for 12 hours a day, Monday through Sunday, with a day off on Tuesday. She has the help of the father of her daughter… More from Fidelia Paola's previous loan »

Additional Information

About AFODENIC

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

  • $3,636
    Average annual income
  • 169
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Fidelia Paola to divide rooms in her house.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Feb 20, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014