Check out some available loans that are similar to this one!
Juana Ruth

Update on Juana Ruth

Juana, an entrepreneur, plans to improve her living conditions by making changes to the infrastructure of her business and her home. She and her husband make and sell metallurgic products. This business has been the family’s main source of income for some time and their long-term projects include expanding and setting up other sales outlets. They invested the previous loan in the business and produced larger quantities of products. In this loan cycle, they will purchase raw material such as bed frames, springs, paint, solder, and other materials required for making beds, as well as coal stoves, and industrial stoves with one or two burners in order to supply the business and fill orders.
View original language description ↓
Juana emprendedora, sus planes mejora las condiciones de vida, realizarle cambios de infraestructura a su negocio y casa, junto a su esposo comercializan y elaboran productos metalúrgicos desde hace tiempo tiene el negocio siendo el principal ingreso económico de la familia, ampliarlo y colocar otros puntos de venta son proyectos a largo plazo. Con el préstamo anterior invirtió en el negocio produciendo mayores cantidades de productos.
En este ciclo de préstamo compra materia prima como: marcos de cama, resortes, pintura, soldadura, entre otros materiales que se requieren para la elaboraciones de cama, cocinas de carbón, cocina industriales de uno o más quemadores para abastecer el negocio y cumplir con pedidos.

Previous Loan Details

Juana Ruth S. E., age 50, lives in the Laureles Sur neighborhood. She is married; her husband is a welder, and they have five children together. Some of the children are studying and others help their parents with their business as well as household work. Juana and her husband have had a family b... More from Juana Ruth'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
  • 83
    View loans »
    Nicaragua Loans Fundraising
  • $25,447,400
    Funds lent in using Kiva
  • 23.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Juana Ruth to purchase raw materials for the manufacture of beds.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Feb 22, 2012
Mar 10, 2012
Currency Exchange Loss:
Aug 18, 2013