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Yamileth Del Rosario

Update on Yamileth Del Rosario

Yamileth lives in Ticuantepe and is a hardworking woman with a great dream of completing the building of her home in order to give her son a better future. She works as a housekeeper in a private residence and works hard daily so that she can achieve her dreams. She will use the money from this loan to buy building materials such as cinder blocks, cement, sand, stone, iron bars, etc. for her home. She is grateful to AFODENIC and Kiva for this help.
View original language description ↓
La señora Yamileth habitante del municipio de Ticuantepe, mujer trabajadoro y luchadora, su mayor sueño es terminar de Construir su casa para darle a su hijo un mejor futuro, ella trabaja como domestica en una casa privada en un residencial, ella lucha dia a dia para lograr sus sueños, con este nuevo financiamiento comprara Materiales para continuar con la construcion de su casa: Bloques, Cemento, Arena, Piedrin, Hierro etc. Agradece el apoyo que Afodenic y Fondos Kiva le estan brindado.

Previous Loan Details

Mrs. Yamileth, thanks to the support that she has been given by Afodenic, continues building her great dream, her own house. With great effort and much work, she has been able to put up the house and her future plan is to be able to finish it and together with her child have a dignified home.… More from Yamileth 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 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
  • 177
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Yamileth Del Rosario to buy building materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
May 23, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014