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Albalina Del Carmen

Update on Albalina Del Carmen

Albalina lives in the municipality of Ticuantepe together with her husband and family. She dreams of finishing her house and living under better conditions. Albalina works in a private home. Her greatest challenge is that she is not able to get together at one time all of the money she needs to buy the materials to finish her house. Thanks to Afodenic and Kiva, Albalina will be able to buy ceramic, cement, paint, etc. for her house.
View original language description ↓
La señora Albalina habita en el Municipio de Ticuantepe junto a su esposo y familia, ella sueña con tener su casa terminada y con las mejores condiciones, ella labora para una casa privada y su mayor dificultad es que no puede reunir de una sola vez el dinero para comprar el material que necesita, Gracias a Afodenic y Fondos Kiva comprara los siguiente: Ceramica, Cemento, Pintura etc.

Previous Loan Details

Señora Albalina, together with her family, is a resident of the municipality of Ticuantepe. Her plans for her family are to finish construction on their home. Señora Albalina is very happy about the help being offered by Afodenic through Kiva. With her first loan, she was able to close off th... More from Albalina Del Carmen'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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Albalina Del Carmen to buy construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 15, 2013
Jan 15, 2013
Currency Exchange Loss:
Feb 17, 2014