Update on Claudia MariaClaudia Maria is 31 years old, is healthy, with a strong desire to excel in her career and to improve her home. She is originally from Managua. She is a private school teacher, has a three-year-old son who her mother takes care of while she goes to work as her husband also works, he is a driver.
Both are aiming to have better living conditions and to have a decent roof. Thanks to the loan opportunity obtained by Afodenic, this short term improvement has become possible with this loan to buy: ceramic for the living room and bedrooms as well as tile a portion of the patio which has a lot of mud. They want to improve it to avoid mosquitoes which affect their health. Materials to buy: ceramic, cement, sand and gravel.
Ambos se han proyectado para estar en mejores condiciones de vida, al tener un techo digno, y que gracias a la oportunidad de créditos obtenidos por financiamiento en Afodenic se ha hecho posible a corto plazo esta mejora con este préstamo comprara: cerámica para su sala y cuartos así como embaldosar una parte del patio que se hace mucho lodo, queriendo mejorar para evitar el mosquito que nos afecta a la salud. Materiales a comprar, cerámica, cemento, arena, piedrín.
Previous Loan DetailsClaudia has worked as a teacher for eleven years. It is a job she finds satisfying. Her goal has been the construction of her house with savings and loans from Afodenic. She is progressing since all she lacks is plaster for the walls, doors, and windows, as well as the roof. She has… More from Claudia Maria's previous loan »
About AFODENICThis 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.
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Success!! The loan was 100% repaid