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Yina Aracelly

Update on Yina Aracelly

Yïna, 34, is a single mother of two children, one in secondary school and the other in elementary school, whom she has gotten ahead with her job. She has worked for 16 years as a nurse assistant.

She has improved her house with her own effort and loans that have allowed her to improve her living conditions. For this she is grateful to Kiva, which has given her this opportunity for loans.

She is requesting this loan with the goal of finishing construction on her home. With the previous loan she managed to change the roof of the house and plaster an inside wall, leaving unresolved the plastering of three inside walls of the house and the outside ones. So little by little she is achieving her goal.

Her biggest dream is to finish her house and improve her living conditions so her children grow up in a pleasant and decent home to live in.
View original language description ↓
Yïna de 34 años de edad, es madre soltera de dos hijos uno en secundaria y el otro en primaria, los que ha sacado adelante con su trabajo, ella trabaja desde hace 16 años, como auxiliar de enfermera; ha mejorado su casa con esfuerzs propio y creditos que le han permitido mejorar sus condiciones de vida por lo que se siente muy agradecida con Kiva que le ha brindado esta oportunidad de creditos y a la vez esta solicitando el credito con el objetivo de terminar de construir su vivienda, pues con el credito anterior logro cambiar el techo de la casa y repellar una pared de adentro, quedandole pendiente el repello de tres paredes por dentro de la casa y las de afuera; por lo que va poco a poco logrando su meta. su mayor sueño es ver terminada su vivienda y mejorar sus condiciones de vida que sus hijos crezcan en un hogar agradable y digno de habitar.

Previous Loan Details

Yïna is 32 years old. She is a nurse by profession and has been in this job for 14 years. She is requesting her seventh loan to buy corrugated metal sheets and beams for her home as her current roof is in a bad state of repair. Winter is approaching and she does not want her children to become... More from Yina Aracelly'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

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Yina Aracelly to plaster three inside walls of the house and the outside ones.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2012
Listed
Sep 5, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013