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Yessenia Del Socorro

Update on Yessenia Del Socorro

Yessinia lives in the municipality of Nindiri with her husband and children. Her future plans are to finish building her home. Between the two of them they divide the household expenses, because both work for a private company.

With this loan that she has been granted, she will buy materials for putting up another wall. This will effectively close off the home so that they can have greater privacy and security. She is grateful for the support from Afodenic and Kiva.
View original language description ↓
La señora Yessinia habita en el municipio de Nindiri junto a su esposo e hijos, sus planes a futuro es poder terminar de construir su casa, entre los dos se dividen los gastos del hogar pr que los dos trabajan para una empresa privada, con este credito que se le ha otorgado comprara Materiales para levantar una pared mas y asi cerrar de un solo la casa y poder tener mayor privacidad y seguridad, Agradece el apoyo que Afodenic y Fondos Kiva

Previous Loan Details

Yessenia lives with her family in the Nindiri municipality. She works for a private company, just like her husband does. They struggle day to day in order to improve their living conditions. She is very happy to have the support of Afodenic through Kiva loans. With the loans she has gotten ... More from Yessenia Del Socorro'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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,101,575
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,225 helped Yessenia Del Socorro to buy construction materials.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Apr 22, 2013
Jun 3, 2013
Currency Exchange Loss:
Jul 3, 2013