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Eugenia Antonia

Update on Eugenia Antonia

Eugenia continues struggling to maintain the construction of her home and to improve her living conditions. For this reason, she works in the clothing business operated out of her home and [offers] customization to earn better profits. She also receives the full support of her husband who works for a private company. Between the two of them, they divide the household bills. With this new loan, she will purchase building materials to continue expanding her house. She is grateful for the trust that has been placed in her this year by Kiva [and its field partner] AFODENIC.
View original language description ↓
La señora Eugenia, sige luchando para tener su casita bien construida y que su condiciones de vida mejoren, para eso ella se ha dedicado a la venta de ropa en su casa y por encargo para obtener mejores ingreso ademas recibe el apoyo incondicional de su esposo quien labora para una empresa privada, entre los dos se dividen los gatos del hogar, con este nuevo credito ella comprara materiales de construccion para segir aumentando la casa, agradece la confianza que le han brindao por estos años a Afodenic y Fondos Kiva.

Previous Loan Details

Eugenia is a resident of Ticuantepe municipality. Together with her family, her future plan is to improve their living conditions. One of the projects for 2012 is to begin to construct a room for her children. Her husband works for a private business to support the household expenses. For sev... More from Eugenia Antonia'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 Nicaragua

  • $4,800
    Average annual income
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,749,225
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Eugenia Antonia to purchase clothing.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014