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Zayra Del Socorro

Update on Zayra Del Socorro

Doña Zayra has taken out five consecutive loans with AFODENIC thanks to the support of Kiva, for which she is extremely grateful. She is taking advantage of this opportunity to make improvements to her home, thus providing for the welfare of her children. Zayra has nine children, but now only two are still in her care. Being a single mother, she has been able to help her family by selling tortillas over the years. Working in this manner has helped all of her children move forward.

Doña Zayra is now requesting a new loan so that she can put up room dividers. To do this, she needs to buy cement, sand, iron, and blocks. As a result, she will improve her home and provide better conditions for her family.

View original language description ↓
Doña Zayra ya lleva 5 créditos consecutivos con Afodenic gracias al apoyo de Kiva por lo que esta altamente agradecida, ella ha aprovechado en hacerle mejoras a su hogar para el bienestar de sus hijos que de nueve ahora solamente dos están a cargo de ella siendo madre soltera a los que les ayuda por medio de la venta de tortillas que tiene durante años, medio por el cual ha logrado salir adelante con todos ellos, ahora doña Zayra solicita un nuevo financiamiento para hacer divisiones de cuarto para ello necesita comprar cemento, arena, hierro, bloques así ella va mejorando su vivienda y brindando mejores condiciones a su familia.

Previous Loan Details

Doña Zayra continues to sell tortillas each day, patting them out by hand three times a day. Both her sales and her income have increased, allowing her to pay her bills and purchase raw materials. Her home improvements are coming along thanks to her loans. A large part of the home has already bee... More from Zayra Del Socorro'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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,574,825
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Zayra Del Socorro to buy cement, sand, iron, and blocks for installing room dividers.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Jan 31, 2013
Feb 7, 2013
Currency Exchange Loss:
Jun 17, 2014