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Nolvia Cecilia

Update on Nolvia Cecilia

Nolvia works hard with her husband, an agricultural engineer, and with her two children growing up and studying. Nolvia sells make-up and underwear and also works as a packager in the duty-free region. This way she can help her husband to help their children prosper and pay off the loans. This loan will be used to buy cosmetics, new clothes and footwear to fulfill customer orders. With this rhythm, she hopes to have a better income and expand the business.
View original language description ↓
Doña Nolvia trabaja arduamente con el esposo quien se desempeña como ingeniero agrónomo, sus dos hijos creciendo y desarrollándose en los estudios, ella vende cosméticos, ropa interior y también trabaja en zona franca como empacadora de esa manera se apoyan con su esposo para sacar adelante a sus hijos y pagar sus créditos este préstamo lo utilizara para comprar cosméticos, ropa nueva y calzados, esto para cumplir con los pedidos realizados por sus clientes, con este ritmo espera obtener mejores ingresos e ir creciendo con su negocio.

Previous Loan Details

Nolvia has always worked as a packager in duty free region. This is the only way that they are able to improve the administration of the household expenses. Her husband works as an agricultural engineer. Their two children are growing and they attend school. Currently Nolvia has become an Avon... More from Nolvia Cecilia'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 Nicaragua

  • $4,800
    Average annual income
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,100
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Nolvia Cecilia to buy cosmetics, new clothes and footwear.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 20, 2012
Jan 9, 2013
Currency Exchange Loss:
Feb 17, 2014