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Aura Dilia

Update on Aura Dilia

Aura, a hardworking and determined woman, lives in the town of Ticuantepe. Her husband works for a private company, and he supports her in all of the decisions that are made for home improvement. Aura works in a store that offers telephone services.

Their biggest difficulty is that they can't raise all of the money they need at one to buy the materials they need. With this new loan, they will buy the materials to continue the construction of their home. Aura and her husband are grateful to Afodenic and Kiva for the support, funds and confidence they've provided.
View original language description ↓
La señora Aura, mujer trabajadora y luchadora, habitante del municipio de Ticuantepe, su esposo la apoya en todas las decisiones ya que son para la mejora del hogar, el labora para una empresa privada y ella trabaja en una tienda que ofrece servicios telefonicos. su mayor dificultad es que no pueden recaudar de una sola vez el dinero para comprar los materiales que necesitan. con este nuevo credito compraran los materiales para continuar la construccion de casa, Agradecen el apoyo de Afodenic y Fondos Kiva por la confianza brindada

Previous Loan Details

Sra. Aura lives with her family in the town of Ticuantepe. She tells us that she is very grateful for Kiva loans because she has been able to use them to improve her quality of life. She used a past loan to rebuild her house with cement blocks, making it safer for her and her family. Aura's hu... More from Aura Dilia'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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,386,550
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Aura Dilia to buy construction materials.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014