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Celia Argentina

Update on Celia Argentina

Mrs. Celia Argentina is a hardworking woman that lives in the municipality of Ticuantepe. She is a single mother who works as a visiting stylist and needs to make some home improvements, now that the rainy season is coming and her roof is in bad shape.

With this loan, Celia Argentina will buy beams, zinc sheets, iron bars, bricks and cement. This improvement will help her to protect her property and feel safer. She appreciates the support that AFODENIC and Kiva Funds have given her throughout these years.
View original language description ↓
La señora Celia Argentina, habita en el municipio de Ticuantepe, mujer luchadora, madre soltera, ella labora como estilista profesional adomicilio, en la actualidad necesita relaizar una mejoras en su hogar ya que muy pronto estaremos en tiempos lluviosos y el tejado de su hogar esta en mal estado. con este refinanciamiento comprara: Perlines, Zinc, Hierro, Bloques, Cemento. con esto su casa estara mayormente protejida y tendra mayor seguridad, Agradece el apoyo que Afodenic en conjunto a Fondos Kiva le han brindado estos años.

Previous Loan Details

Celia Argentina is 54 years old and lives in the municipality of Ticuantepe. She is a single mother with four children, all of whom are married and independent. Her plans for the future include being able to establish a business selling meat, dairy products, chicken, etc. In order to be able to ... More from Celia Argentina'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 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
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,089,275
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Celia Argentina to buy building materials to fix her roof.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 14, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014