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Teresa De Los Angeles

Update on Teresa De Los Angeles

Teresa, a hardworking mother, is trying to get ahead with her family. Currently she has her partner who shares and helps her with everything. Her children are already adults and independent.

She continues with her small business selling a variety of products such as soda, refreshments, clothing, cosmetics, and other things.

She'll use this new loan to install a toilet and improve her conditions so she has a little more comfort with her family.
View original language description ↓
Doña Teresa, madre trabajadora busca como salir adelante con su familia, hoy en día tiene su pareja que la acompaña y le ayuda en todo, sus hijos son ya mayores de edad e independientes, ella continúa con su pequeño negocio de ventas variadas como gaseosas, refrescos, ropa cosméticos entre otros, está muy contenta por haber invertido sus créditos en mejoras de su casa, pero aun le falta mejoras las condiciones del servicio sanitario por lo que con este nuevo crédito lo usara para instalar inodoro y mejorar las condiciones, para tener un poco mas de comodidad con la familia.

Previous Loan Details

Sra. Teresa T. is a determined, responsible, and strong-willed woman. Her greatest wish is to contribute to the infrastructure of her home and provide her children and the rest of her family better living conditions. Teresa currently sells soft drinks, sodas, shoes, and other products. She is ... More from Teresa De Los Angeles's previous loan »

Additional Information


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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Teresa De Los Angeles to buy a toilet, accessories, cement, cinder blocks, and rebar.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
May 15, 2013
May 22, 2013
Currency Exchange Loss:
Nov 17, 2014