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Ana Celina

Update on Ana Celina

Ana Celina is a hardworking woman with four children, two married and independent and two who are still studying; she hopes they finish their studies successfully so they can look after themselves.

She and her husband get ahead with their business renting bedrooms. She also sells clothing. With the help of credit she has been making improvements to her house and the rental rooms.

Now she's going to make changes on the roof, which is in very bad condition. She needs to give her children security, so with the loan she's going to buy beams and metal roofing and begin the job to have better living conditions.
View original language description ↓
Doña Ana Celina mujer trabajadora con cuatro hijos dos casados e independientes y dos pequeños que todavía estudian y espera culminen sus estudios con éxito y se puedan valer por si solos, ella sale adelante en conjunto con su esposo con su negocio de alquiler de cuartos también vende prendas con apoyo de crédito ha venido haciéndole mejoras a su casa y los cuartos de alquiler, en esta ocasión hará cambio de techo ya que está en muy malas condiciones y necesita brindarle seguridad a sus hijos por lo que con el crédito comprara perlines, laminas de zinc y comenzar la obra para vivir en mejores condiciones.

Previous Loan Details

Ana is a small businesswoman who has a desire to do well in life. Four years ago, she managed to build three rooms with the goal of renting them out. She also built a car wash. Starting out with loans from other banks, then from Afodenic, she has managed to make improvements to the rooms that… More from Ana Celina'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
  • 152
    View loans »
    Nicaragua Loans Fundraising
  • $23,166,475
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Ana Celina to buy beams and metal roofing.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014