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Paula Francis

Update on Paula Francis

Paula is now working as a cook to help raise her children with the support of her husband, who is now working as a dispatcher at the market. In this way, the family is getting ahead by uniting their efforts.

She asks for a loan to make room divisions and install ceramic, buying blocks, cement, sand, iron and ceramics. This will allow her to improve the living conditions in her home with her family, thanks to the lenders.
View original language description ↓
Doña Paubla, hoy en día continua trabajando como cocinera para ayudar a sus hijos a crecer, con el apoyo de su esposo quien ahora se desempeña como despachador en el mercado, así esta familia sale adelante uniendo esfuerzos, solicita credito para para hacer divisiones de cuartos y puesta de cerámica, comprando bloques, cemento, arena, hierro, cerámicas, esto le permitirá mejorar las condiciones de vida en su hogar con su familia, graciais a los financiaminetos.

Previous Loan Details

Paula continues working as a domestic employee. Her husband continues working as a security guard. Their two children are finishing the academic year in a local school. As a mother, Paula's goal has been to improve her home. Using her own funds and loans from Afodenic, she has been improvin... More from Paula Francis'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

  • $3,636
    Average annual income
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $825 helped Paula Francis to buy blocks, cement, sand, iron and ceramics.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Feb 28, 2013
Mar 9, 2013
Currency Exchange Loss:
Oct 17, 2014