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Rosa Amelia

Update on Rosa Amelia

Rosa’s a hardworking merchant; she has her own snack bar in a market. She strives daily to earn her daily bread as does her husband who is a taxi driver. She’s used loans to invest in her small business and gradually move it forward and this time she wants to improve her kitchen’s roof because when it rains water leaks in. She wants to get ready before winter arrives which will be shortly which is why she needs to buy metal sheeting and wood beams since her budget is insufficient to buy roofing purlins. Her future plan includes building a porch at home so that her husband can store the taxi since they currently have to pay parking fees for it every night and this is very expensive.
View original language description ↓
Doña Rosa una mujer trabajadora comerciante que tiene su propio cafetín en un mercado, se esfuerza a diario para poderse ganar el pan de cada día al lado de su esposo que trabaja como cadete de taxi, ella ha utilizado sus créditos para invertir en su pequeño negocio que poco a poco ha sacado adelante y en esta ocasión desea mejorar el entechado de su cocina ya que se le mete el agua cuando llueve, ella se quiere preparar antes que llegue el invierno lo cual no falta mucho por lo que necesita comprar laminas de zinc y cuartones de madera ya que su presupuesto no le da para comprar perlines, en sus planes futuros espera construir el porche de la casa para que su esposo pueda meter el taxi ya que ellos pagan a diario por parqueo en las noches y les sale muy caro.

Previous Loan Details

Rosa has been a street vendor for years and her sales have grown. Now she has things set up well since she made a stall, covering it with black plastic for protection against rain, sun and dust. These days she lives with her husband who is a taxi driver. Her children are married and they al... More from Rosa Amelia'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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,416,050
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rosa Amelia to buy metal sheeting and wood beams for roofing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 18, 2013
Feb 1, 2013
Currency Exchange Loss:
Nov 17, 2013