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Yasohara Yesenia

Update on Yasohara Yesenia

Yasohara and her husband have worked very hard to fulfill their biggest dream of having their own home and providing the best for their two children. She is a merchant, and her husband works as an electrician for a private company. Thank to the support we have provided them, they are close to completing their goal. With this new loan, they will be able to finish putting up a wall to give them better security. To do this, they plan on purchasing cement, sand, quarry stones, iron and other items.
View original language description ↓
La señora Yasohara ya junto a su esposo han trabajado mucho para poder cumplir su mayor sueño tener su casa propia y darles un buen porvenir a sus dos hijos, ella es comerciante y su esposo trabaja en una empresa privado como electricista. Gracias al apoyo que le hemos brindado ya casi finalizan su meta, con este nuevo credito podran terminar su priorida es relaizar un muro para tener mayor segurida, para eso compraran los siguientes Materiales: Cemento, Arena, Piedras Cantera, Hierro etc.

Previous Loan Details

Yasohara is 32 years old. She lives in the town of Ticuantepe, together with her husband who works for a private company. They have two children in their care. Yasohara's plans for the future are to improve her living conditions and support her young children in their education. Yasohara work... More from Yasohara Yesenia'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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Yasohara Yesenia to purchase construction materials (cement, sand, stones and iron).
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014