Check out some available loans that are similar to this one!
Maria Adilia

Update on Maria Adilia

Doña María Adiia is 53 years old and is a seamstress by profession. Her husband works as a freelance mason-construction worker. She helps with the household expenses. They have seven children, the youngest who is 17 and still a dependent in school. All the other children are independent adults who's hard work has made them grow and now they help their parents. The loan is requested to invest in fabrics and accessories for clothing patterns, the majority of which are school uniforms. This helps her to maintain her customers, and continue improving her standard of living, while also taking advantage of the timing of the school opening season.
View original language description ↓
Doña María Adiia de 53 años es de oficio modista costurera, el esposo es albañil trabaja por cuenta propia así el ayuda en los gastos del hogar tienen 7 hijos siendo el menor de 17 años quien estudia y está a cargo de sus padres, de ahí los demás son todos mayores de edad e independientes a quienes con arduo trabajo los ha hecho crecer y ahora ellos ayudan a sus progenitores, el crédito lo solicita para invertir en telas variadas y accesorios para las costuras, las telas en su mayoría son para hacer uniformes escolares, esto le ayuda a mantener su clientela e ir mejorando su nivel de vida aprovechando esta temporada de apertura escolar.

Previous Loan Details

Doña Maria is a seamstress by profession with over seventeen years working in sewing. She has managed to provide financial support for her family, her husband being in construction. She worked as a cook some years earlier, but this business allows her to also take care of her home. She has ... More from Maria Adilia'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

  • $3,636
    Average annual income
  • 73
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Maria Adilia to purchase various fabrics and accessories for assorted clothing patterns.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 4, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013