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Greyda Catalina

Update on Greyda Catalina

Greyda Catalina lives in the town of Ticuantepe. She is a hardworking woman and her husband helps her with all her projects. Their daughters are their highest priority. She has her own business and he works as a mechanic. Their greatest dream is to finish their home and improve their living conditions. She has her own business, selling used clothing and, thanks to her customers, she is successful. With this new loan, she will buy bales of clothing to meet her customers’ requests, and earn better and higher income. She thanks Afodenic and Kiva funds for their confidence in her. .
View original language description ↓
La señora Greyda Catalina R. habita en el municipio de Ticuantepe, mujer tabajadora, su esposa la apoya en todos su proyectos ya que para los dos lo mas importante son sus hijas, ella tiene su propio negocio y el trabaja como mecanico, su mayor sueño es terminar su casa y mejorar sus condicones de vida. ella tiene su propio negocio, vende ropa usada y gracias a sus clientes a salido adelante, con este nuevo credito comprara paca de Ropa para sufragar las demandas de sus clientes, y obtener mejores y mayores ingresos. Agradece a Afodenic y Fondos Kiva por la confianza brindada.

Previous Loan Details

Mrs. Greyda Catalina Rios is 30 years old and she lives in the municipality of Ticuantepe together with her husband. He works as a mechanic in order to contribute towards the household expenses. They have two girls in their care who are in primary school and they need the support of them both. Gr... More from Greyda Catalina'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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,753,075
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Greyda Catalina to purchase bales of clothing.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014