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Kony Alexander

Update on Kony Alexander

Kony and her husband, who is a mechanic, work very hard to make headway. She works farming pineapple, and her dream is to be able to give her three young children better living conditions at home. She currently is in need of supplies to maintain her pineapple crops, and she can lose the harvest if she doesn't apply the materials in time. Thanks to this new loan she will be able to purchase the following supplies: urea, Triple 20 fertilizer and herbicides. She feels very content and is grateful to AFODENIC, which has supported her through Kiva loans.
View original language description ↓
La señora Kony junto a su esposo quien labora como mecanico, trabajan muy duro para salir adelante ella trabaja la Tierra cultivando Piña, su sueño es poder darle a sus tres hijos mejores condiciones en el hogar. actualmente requiere de insumos para poder darle Mantenimiento a sus cultivos de Piña ya que si no se le aplica a tiempo y forma al fruto puede perder la cosecha, Gracias a este nuevo credito comprara los siguientes insumos: Urea, Triple 20, Gespax, Herbicida. Se siente muy contenta y Agradecida con Afodenic quien atraves de Fondo Kiva la han Apoya.

Previous Loan Details

Sra. Kony Alexander C. C. is 29 years old and lives in the town of Ticuantepe with her husband who works as a mechanic. They have three children who need support from both of them. Doña Kony dreams of helping them finish their studies. For the past seven years, she has been cultivating pineapp... More from Kony Alexander'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 Nicaragua

  • $3,636
    Average annual income
  • 153
    View loans »
    Nicaragua Loans Fundraising
  • $24,072,325
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Kony Alexander to maintain her pineapple crops.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 3, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014