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Concepcion

Update on Concepcion

Concepcion works as an elementary school teacher at the Rubèn Darìo # 2 school in Uniòn. She arrives at 6:00 am daily by bus so that she can provide bread and education to the peasant children of the community.

She is asking for this loan so that she can do maintenance on her home. She’s single and lives with her parents. She is very loved by her family because she’s a humble woman.

Her dream is to be transferred to teach in the Nueva Guinea urban zone, be healthy, and be in touch with God.
View original language description ↓
La joven Concepcion trabaja como docente de primaria en la Escuela Rubèn Darìo # 2 de colonia la Uniòn, todos los dias tiene que viajar en Camiòn a las 6 de la mañana para llegar su centro de trabajo para impartir el pan de la enseñanza a niños campesinos de su comunidad.

Solicita su crèdito para darle mantenimiento a su vivienda, es soltera, vive en la casa de su padres, es muy querida por su familia ya es una mujer muy humilde.

Su sueño es que la trasladen a impartir clases a la zona Urbana de Nueva Guinea, gozar de salud y estar bien en cosas de Dios.

Previous Loan Details

Concepción, 28, has worked for MINED [Ministry of Education] as an Elementary School Teacher for the last 4 years. She is asking for her first home improvement loan to make improvements to the dwelling she shares with her family creating a different environment for them. This young woman is v... More from Concepcion'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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $850 helped Concepcion to purchase building materials.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2012
Listed
Oct 2, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014