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Ana Pastora

Update on Ana Pastora

Ana lives in the Santo Domingo neighborhood. She is a single mother whose husband died in the war. Her children work, but like all good mothers, she still looks out for them. She helps herself by selling costume jewelry and used clothing to pay for basic services in her home. She is requesting a loan to fix the doors of her home and the floor. She will still need to repair part of the roof, but this will happen little by little. She will buy cement, ceramic tile and doors in order to live in an attractive and stable home.
View original language description ↓
La señora Ana, vive en el barrio Santo Domingo madre soltera su esposo fallecio en la guerra, sus hijos trabajan por cuenta propia, pero siempre como toda una madre ejemplar esta al pendiente, ella se ayuda con las ventas de bisuterías y ropa usada para pagar sus servicios básicos del hogar, solicita el préstamo para componer las puertas de su casa y el piso quedando aun pendientes reparar parte del techo pero sera poco a poco, comprara cemento, cerámica y puertas para vivir en una casa bonita y estable.

Previous Loan Details

Ana is single and an enterprising merchant in her business. She sells varied merchandise, such as jewelry and more. Her older children help her with the household expenses. With the previous loan, she repaired a part of the roof. This was of great benefit since the rain won't come through in the ... More from Ana Pastora'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 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

  • $3,636
    Average annual income
  • 119
    View loans »
    Nicaragua Loans Fundraising
  • $24,405,100
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Ana Pastora to purchase cement, ceramic tile, and doors.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 2, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014