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Antonia Digna

Update on Antonia Digna

Antonia is married and lives in the neighborhood of Hialeah, which is a dangerous area. Her husband continues to work as a watchman, and she continues to sell hats, footwear, and belts. Her earnings support her son's education, as he is now at university where his responsibilities and expenses are greater. Even with all of this, she wishes to continue making improvements to her home. She needs to start building a wall around her house, even if it is little by little, to guarantee the security of her home. She will use this loan to buy materials for this construction project.
View original language description ↓
Doña Antonia, habitante del barrio Hialeah una zona peligrosa, ella es casada su esposo continúa con su labor como vigilante, ella con la venta de gorras calzados y fajas, de estos ingresos apoyan a la formación de su hijo quien ya está en la universidad donde las responsabilidades y los gastos son mayores, pero aun con todo esto ella desea ir haciéndole mejoras a su vivienda, necesita empezar a construir el muro perimetral aunque sea poco a poco, para garantizar la seguridad en el hogar, por lo que el crédito lo destinara para esta obra comprando los materiales.

Previous Loan Details

Antonia, who is 45 years old, works in commerce, since she set up her business several years ago with micro-loans that the institution granted her. At this time she wants a loan to reinvest in her business of caps, belts, and footwear, among other products, so that in this way she will achieve be... More from Antonia Digna'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

  • $4,800
    Average annual income
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Antonia Digna to buy cement, sand, blocks, iron, and stones.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2013
Listed
May 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014