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Rosa Josefina

Update on Rosa Josefina

Rosa is thirty-nine. Her husband has always worked as a gas station attendant. Their income helps support their three school-aged children. Rosa works as a janitor in an elementary school. In the past she sold cosmetics, but stopped because she wasn't making much. She'll use her loan to improve the condition of her house. This is the second loan she is seeking from Afodenic and Kiva, and she's really grateful for the support. She needs to construct a room they don't have yet, and she'll use the loan to buy cinder blocks, cement, iron, and rock sand, and to hire labor, all so her children might live in greater comfort.
View original language description ↓
Rosa tiene 39 años, su esposo siempre trabaja como bombero de pista en una gasolinera con sus ingresos ayuda para la manutención de sus tres hijos, todos estudian, ella trabaja en una escuela primaria como docente, antes vendía cosméticos pero dejo de vender porque no obtenía muchas ganancias, sus créditos los utiliza para mejorar las condiciones de su casa, este es su segundo préstamo que solicita con Afodenic y Kiva del cual está muy agradecida por el apoyo brindado, ella necesita construir un cuarto más que todavía le falta con el préstamo comprara bloques, cemento, hierro, piedrín arena y pagara la mano de obra, esto es para que sus hijos vivan más cómodos.

Previous Loan Details

Rosa is married and her husband works as a gas station attendant. She helps him with the household expenses and wants to improve her home's infrastructure but has been unable to obtain financing. She has worked as a school teacher for several years and is very hard-working and responsible. S... More from Rosa Josefina'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
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Rosa Josefina to buy cinder blocks, cement, iron, and rock sand, and to hire labor for building a room.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 17, 2012
Jan 1, 2013
Currency Exchange Loss:
Feb 17, 2014