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Maria Isabel

Update on Maria Isabel

María is a resident of the La Borgoña rural community in the municipality of Ticuantepe. Together with her husband, she struggles from day to day to get by and realize her greatest dream: to complete construction of her residence.

María works as a teacher in a private school, and her husband is a driver for a private company. They divide the household costs between them. María is currently expecting her first baby, so she is eager to give her house its finishing touches. With this loan, she will buy the following materials: sand, cement, tile, and windows.

She is grateful to Afodenic for the support they have given her and to Kiva for their trust in her.
View original language description ↓
La señora, Maria es habitante de la comarca llamada La Bogoña del Municipio de Ticuantepe, junto a su esposo lucha dia a dia para salir adelante y cumplir su mayor sueño, terminar su casa de habitacion, ella labora como docente en un colegio Privado, su esposo es chofer para una empresa Privada, entre los dos se dividen los gastos del hogar, actualmente doña Maria esta esperando a su primer bebe, por lo que le urge darle los ultimos retoque a su casa, con este credito compra los siguientes Materiales: Arena, Cemento, Ceramica y Ventanas, Agradece el apoyo que Afodenic le ha brindado y ha Fondos Kiva por la confianza.

Previous Loan Details

Maria lives in the town of Ticuantepe. She and her husband have undertaken a new goal of building their home. They both support each other with the household expenses. Maria's husband works as a driver with a private company and she works as a teacher in a private school. Their biggest diffic... More from Maria Isabel'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
  • 119
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,100
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Maria Isabel to purchase construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2013
Listed
May 19, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014