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Ubalda Andrea

Update on Ubalda Andrea

Ubalda is the mother of a five-year-old who now goes to school. Her husband is currently studying at the university because he is out of work due to the country's high rate of unemployment. Ubalda is the only one working and earning a living to cover the household expenses. From being a concierge, she is now an assistant in transportation administration. Her determination to get ahead has helped her prosper day by day. One of her main goals is to renovate he house. On this occasion, she is requesting her second loan to put up a wall; so she must buy sand, cement, iron, and blocks to do the job and give he family more safety.
View original language description ↓
La joven Ubalda es madre de un niño de cinco años quien ya va a clases, su esposo en la actualidad está estudiando en la universidad, no tiene empleo debido al alto índice de desempleo en el país, solamente Ubalda trabaja y con sus ingresos cubre los gastos de su hogar, de conserje ahora es asistente de administración de transportes sus ánimos de salir adelante le ha ayudado ir progresando poco a poco. Uno de sus objetivos seguir mejorando su casita, en esta ocasión solicita este segundo crédito para levantar la pared de su vivienda, para eso necesitara comprar arena, cemento, hierro, bloques para hacer esta mejora en su hogar y sentirse más segura con su familia.

Previous Loan Details

Ubalda is a 24-year-old young lady who has professional training in accounting, is married, and who has many goals for the future. She tells us that her age hasn't been an obstacle to allowing her to set goals for herself and become independent, rather she has taken advantage of her youth to hav... More from Ubalda Andrea'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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,418,800
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Ubalda Andrea to buy sand, cement, iron and blocks.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 15, 2013
Apr 1, 2013
Currency Exchange Loss:
Jul 17, 2014