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Yelba Argentina

Update on Yelba Argentina

Yelba is a hardworking and modest woman who lives in the town of La Concepción with her family. Her husband has his business selling fruits. She grows dragon fruit and currently needs capital to be able to buy fertilizer and supplies to take care of her crop and avoid pests.

With this loan she'll be able to buy what she needs to get a good harvest and to increase her income because of the quality of her crop.
View original language description ↓
La señora Yelba mujer trabajadora, humilde habitante del municipio de la Concepcion, junto a su familia, su esposa tiene su negocio es comerciante de Frutas, ella cultiva Pitahaya y actualmente requiere de capital para comprar fertilizantes e insumos para darle mantenimiento a su siembra y evitar las plagas. con este credito podra comprar lo necesario asi podra obtener una buena cosecha y sus ingresos incremnetarar por la calidad de su producto.

Previous Loan Details

Mrs. Yelba Argentina, is 26 years ld and she lives in the municipality of La Concepcion. She lives with her husband who works as a fruits and vegetables merchant in order to feed their two children. They are a very humble family. Yelba has been involved in the cultivation of prickly pears for the... More from Yelba Argentina'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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,450 helped Yelba Argentina to take care of her crop.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 11, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015