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Juana Del Carmen

Update on Juana Del Carmen

Juana used to work as a teacher, a profession which earns a very low salary in her country. With this job she got her children ahead and now they are independent and support her. She is now retired.

Juana has been using her loans to make improvements to her house as she wasn't able to do so while she was working. Now she is requesting a new loan to change the roof of her house as it is in very poor condition and when it rains water leaks in all over the place. With this loan she will buy zinc sheets, perlins and will pay the labour costs. This is her way of slowly progressing for her comfort and that of her family.
View original language description ↓
Doña Juana, se desempeñaba en su vida laboral como docente, profesión que genera un salario muy bajo en nuestro país trabajo con el que ha sacado adelante a sus hijos que hoy en día son independientes y la apoyan económicamente, ahora es jubilada, Juana ha estado utilizando sus créditos para realizar mejoras en su vivienda algo que no pudo realizar cuando trabajaba, ahora ella solicita nuevamente crédito para el cambio del techo de su casa ya que está en muy malas condiciones y cuando llueve el agua se filtra en toda la casa, con el préstamo comprara laminas de zinc, perlines y pagara la mano de obra; esta es su manera de progreso lento pero seguro para su comodidad y la de su familia.

Previous Loan Details

Juana is a teacher by profession and she taught classes for more than twenty years. She learned the profession as her vocation. Juana is now retired and financially supported by her children. Through our institution, Juana has managed to make improvements to her home. She has been making gr... More from Juana Del Carmen'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 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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,409,250
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Juana Del Carmen to buy zinc sheets, perlins and to pay labour costs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 29, 2012
Nov 1, 2012
Currency Exchange Loss:
Aug 18, 2013