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Julia Nora

Update on Julia Nora

Julia is an entrepreneur, an excellent mother and basic grains and assorted daily use items merchant. She’s had her business for some time and it’s the household’s main source of income; together with her husband they’ve managed to become established as merchants. Her long-term plans are to improve the infrastructure of the business managing to enlarge it and to offer better customer service.

She will use the loan to buy merchandise like: basic grains (beans, rice, sugar, oil), soft-drinks, juice, toilet paper, soap, dairy products, groceries, cured meats, canned goods, shampoo, hair cream, detergent, snacks and vegetables, among other products that her customers look for frequently. She is grateful for the financial support for her business’ development and to improve her standard of living.
View original language description ↓
Julia emprendedora, excelente madre, comerciante de granos básicos y variedad de productos de uso a diario. Tiene su negocio desde hace tiempo siendo el principal ingreso económico del hogar y junto a su esposo han logrado establecerse como comerciantes. Sus planes a largo plazo es mejorar la infraestructura en la parte del negoció logrando así ampliarlo y ofrecerle mejor atención al cliente. Con el préstamo comprar mercadería como: granos básicos (arroz, frijoles, azúcar, aceite), gaseosas, jugos, papel higiénico, jabones, lácteos, abarrotes, embutidos, enlatados, shampoo, crema para cabello, detergentes, golosinas, verduras entre otros productos que sus clientes buscan con frecuencias. Agradece el apoyo a la financiera al desarrollo de su negoció y a la vez a mejorar su nivel de vida.

Previous Loan Details

Julia is a small merchant. She started out working several years ago to support her family. She has had a grocery store for eight years. She started to invest and this led to her acquiring a steady customer base. Her husband helps her by selling ice cream and doing hauling. Together they’ve ... More from Julia Nora'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
  • 91
    View loans »
    Nicaragua Loans Fundraising
  • $24,779,575
    Funds lent in using Kiva
  • 23.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Julia Nora to buy merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 22, 2012
Mar 15, 2012
Currency Exchange Loss:
Mar 15, 2013