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Lesbia De Los Angeles

Update on Lesbia De Los Angeles

Lesbia is a young mother of two children who are in school and whom she wants to see become great professionals. Her husband supports her with his job as an electrical technician. She used to work at a restaurant and later worked in a tax-free area looking for various employment opportunities, but it did not go well. Now, thanks to God, she has co-owned a restaurant with her mother for a number of years and is very content. This is her 13th loan, and she needs it to install a bathroom by purchasing a toilet, pipes, blocks, cement, iron and sand to improve her home's condition. Lesbia and her husband have made improvements little by little so they can have a more dignified life.
View original language description ↓
Lesbia joven madre de dos hijos que estudian y desea que sean grandes profesionales, su marido le apoya con su trabajo como técnico electricista, ella antes trabajaba en un comedor, despues laboro como operaria en una zona franca busco varias opciones de empleo pero no le fue bien, ahora gracias a Dios trabaja en un comedor como copropietaria en conjunto con su mama hace años por el que está muy contenta, este treceavo crédito lo necesita para instalar servicio higiénico, comprara inodoro, tubos, bloques, cemento, hierro, arena para darle mejor acondicionamiento a su hogar al que le ha ido haciendo mejoras poco a poco con sus ingresos y el de su esposo para tener una vida más digna.

Previous Loan Details

Lesbia continues to administer her restaurant that has taken years to build up sales. Her sons continue growing and studying. Her husband continues working as an electrician and always supports the family. For both of them the goal has been the building of their house, and they have succeeded ... More from Lesbia De Los Angeles'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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,392,675
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Lesbia De Los Angeles to install a bathroom by purchasing a toilet, pipes, blocks, cement, iron and sand.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 10, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013