Check out other loans that are currently fundraising!
Sandra Lorena

Update on Sandra Lorena

Doña Sandra is 55 years old. He husband works in a paint factory. Her children are all adults. The youngest is 22 and is studying in his last year at the university, for which, with much effort, Doña Sandra has been paying with her business of selling jewelry, meat, and a variety of other products that she sells on request. In this way, with the help of her husband, Doña Sandra has managed to raise her children. She needs this thirteenth loan to continue making improvements on her house. This time, she will install the ceiling of the porch, the remaining part of the project to improve her home. To do this, she needs to pay for materials such as polystyrene and related supplies, tile, and the laying of one part of the floor which she wants to tile. Thus, little by little, Doña Sandra will advance with her goal of seeing the construction and improvements in her house to conclusion,
View original language description ↓
Doña Sandra de 55 años de edad, su esposo trabaja en una fábrica de pintura, sus hijos todos mayores de edad el menor de 22 años está estudiando su último año de la universidad que con mucho esfuerzo doña Sandra le ha venido pagando con su negocio de venta de joyas, carnes y algunos productos variados que los vende por encargo de esta manera doña Sandra ha logrado sacar adelante a sus hijos con la ayuda de su esposo, este treceavo crédito lo necesita para continuar realizando mejoras del hogar, en esta ocasión hará la instalación de cielo raso del porche, parte pendiente del proyecto de mejorar su vivienda, para eso requiere comprar materiales como poroplas, sus accesorios, ceramica y la puesta de una parte del piso que desea poner de cerámica, así poco a poco doña Sandra ira avanzando con su propósito de ver concluida la construcción y mejoras de su casa.

Previous Loan Details

Sandra has been a saleswoman for 24 years. She began with little merchandise, and has seen her sales increase thanks to a loan from Afodenic. She sells silver jewelry, meat, and soft drinks, and has been able to depend on her husband's support while raising their four children. With her loa... More from Sandra Lorena'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
  • 107
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sandra Lorena to buy polystyrene and related supplies, tile, and cement.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Nov 17, 2012
Dec 1, 2012
Currency Exchange Loss:
Apr 16, 2014