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Iccel Amanda

Update on Iccel Amanda

Iccel is a young mother who is dedicated to her children and determined to provide a bright future for them. Her husband is a salesman, and they both work hard every day to fulfill their goals and dreams and support their family.

With the support from this, her twelfth loan, Iccel plans to purchase staple grains, dairy products, meat and other food products to stock her general store. She hopes that this investment will help her to strengthen her business, offer a wider variety of products to her clients and generate income.
View original language description ↓
Iccel, una joven madre que se preocupa por el bienestar de sus hijos para que tengan un buen futuro por delante, por esta razón trabaja a diario junto a su esposo quien ahora es comerciante, para que así en conjunto lograr sus objetivos, este doceavo crédito que solicita es para invertirle un poco más a la venta con productos de mayor demanda como lo son granos básicos, lácteos, carnes, productos para el aseo del hogar y del cuerpo, esta inversión le permitirá mantener siempre la clientela y sus ingresos fijos.

Previous Loan Details

Iccel is married and her husband works as a driver. With his support she set up a general store because it is very important for the financial needs of her family. Her plans are that her children study to be professionals. In her business she wants to have more customers and she sells a varie... More from Iccel Amanda'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
  • 152
    View loans »
    Nicaragua Loans Fundraising
  • $24,077,475
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Iccel Amanda to purchase staple grains, dairy products, meat and other items to stock her general store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Apr 2, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014