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Alyeris Maria

Update on Alyeris Maria

Alyeris is a young professional with the desire to overcome life's challenges. Thanks to the effort of her parents who supported her she became an industrial engineer, but she has not been able to use her education because it was hard to find work, which made her frustrated. It was from here that the idea was born to sell clothing, which she started with her own money and with help from her parents. She then opted for funding in order to buy more clothing and start selling silver jewellery. At the same time she has been improving her parents house, including adding a separate bedroom. Today she has a partner and a child on the way, and she is very happy.

This loan will be her sixteenth, and will be invested in her business and improving her house. With this loan she will buy construction materials in order to improve the roof and start building a wall in the back of the house. The materials she will buy in order to start the work include stone, sand, cement, iron, and zinc sheets.
View original language description ↓
Alyeris es una joven profesional, con mucho deseo de superación a mucho esfuerzo de sus padres logro recibirse de ingeniera industrial, pero no lo ejerce ya que se le hizo difícil encontrar trabajo, lo que fue frustrante. Es así que nace la idea de vender ropa, lo que comienza con dinero propio y ayuda de sus padres.
Luego opta al financiamiento, para comprar más productos en ropa y la venta de prenda de plata, así mismo ha venido mejorando la casa de sus padres teniendo un cuarto a parte, hoy en día tiene su pareja y un hijo por venir, el cual está feliz.
Este préstamo es el número dieciséis, en donde ha invertido en su negocio y mejora habitacional, con este nuevo préstamo comprara materiales de construcción para mejorar el techo y comenzar un muro en la parte de atrás, materiales a comprar: piedra, arena, cemento, hierro, láminas de zinc, para comenzar la obra.

Previous Loan Details

Alyeris is a small businesswoman who sells clothes, purses, cosmetics, shoes and silver jewelry. She has been increasing the merchandise she sells through loans which Afodenic have granted her over thirteen loan cycles. She has improved her range of products and she sells fifty percent of her g... More from Alyeris Maria'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
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,350 helped Alyeris Maria to buy construction materials to improve her roof and a small wall in the back.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Expired:
Oct 31, 2012