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Guadalupe Del Rosario

Update on Guadalupe Del Rosario

Guadalupe, is a mother in search of the welfare of her children, with the help of her husband who has now opted to work selling auto parts.

Guadalupe continues with her small business leaning towards CDs, videos and clothing, in order to provide her children their daily bread and guarantee the payment for their education which is very important for them.

This is her fourteenth loan that she is requesting in order to invest it in her means of income, since she does not have a variety of products to offer.
View original language description ↓
Doña Guadalupe, madre que busca el bienestar de sus hijos, con la ayuda de su esposo quien ahora opto al trabajo de venta de repuestos de vehículos y doña Guadalupe continua con su pequeño negocio la veta de CDs, videos y ropa, para ofrecerles a sus hijos el pan de cada día y garantizar el pago de sus estudios lo cual es muy importante para ellos. Este catorceavo crédito que solicita es para invertirlo en su medio de ingresos, en vista de que no tiene variedad de productos que ofrecer.

Previous Loan Details

Guadalupe, 28, is a hardworking, persevering woman. She continues working in commerce selling her wares in her own space in one of the capital’s markets. With the aim of supporting her family she’s been diversifying the products she sells to her customers which is the reason behind this new loa... More from Guadalupe Del Rosario'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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Guadalupe Del Rosario to buy shirts, pants, and shorts for women and men.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2013
Listed
May 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014