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Rosa Erlinda

Update on Rosa Erlinda

Doña Rosa supports her husband who is retired. Her two grown children help out financially. With her income, Rosa is able to pay for the household expenses and also take care of her seven-year-old son who is in school.

Rosa sells products in the city of Rivas, which is two hours outside of the capital. Her loan will be invested in catalog products such as cosmetics, clothing, and shoes. She plans to make improvements to her home in the future. In order to accomplish this, she will continue to invest in more products so that she can increase her clientele.

View original language description ↓
Doña rosa tiene a su esposo quien es jubilado le apoya, los dos hijos mayores le ayudan económicamente, con esos ingresos paga los gastos del hogar teniendo también a su cargo al hijo menor de 7 años que estudia, ella vende productos en la ciudad de Rivas a dos horas de la capital, su crédito lo quiere para invertir en productos por catálogos como cosméticos, ropa, calzado por catalogo y nacional, piensa en un futuro mejorar su vivienda para lograrlo seguirá invirtiendo en mas productos para aumentar su clientela.

Previous Loan Details

Rosa is an enterprising woman. She is married, has one child, and has her own business selling meat and other products. She also has an additional income through her husband's small retirement pension. Every mother wants the best for their children's future. For this reason, Rosa is plannin... More from Rosa Erlinda'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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 24.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rosa Erlinda to buy cosmetics, clothing, and shoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 9, 2013
Jan 13, 2013
Currency Exchange Loss:
Feb 17, 2014