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Juana Yadira

Update on Juana Yadira

Juana worked in a seafood plant years ago and was in charge of the laundry service. She resigned to start a general store out of her home so that she could help her husband who works in a large market. Her children are married and on their own. Now Juana wants to use the money from this loan to keep products on hand to meet her customers’ needs and be able to grow financially in the future and support her family.
View original language description ↓
Doña Juana, quien laboro para una empresa de marisco años atrás como responsable de lavandería, renuncio para dedicarse al negocio de pulpería, ubicada en su casa de habitación, para ayudar a su esposo quien trabaja de operario en el mercado mayoreo, sus hijos son casados e independientes, ahora Juana con el préstamo desea invertir en la venta con productos como granos básicos, carnes, pollo, lácteos, gaseosas para mantener siempre productos disponibles para la necesidad de sus clientes y así en un futuro crecer más económicamente, para apoyar a su familia.

Previous Loan Details

Juana is married. Her children live on their own and her husband helps her financially. Her plans are to open an eatery. She has been working as a cook for a long time. Her project is to continue improving her housing's infrastructure. She has some of the materials, but she needs the rest to… More from Juana Yadira'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
  • 173
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Juana Yadira to stock her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 15, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014