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Karolina Del Socorro

Update on Karolina Del Socorro

Karolina lives in the municipality of Ticuantepe with her family who have for a long time, worked by cultivating the earth. At present, she has 0.7 hectares of pineapples that she needs to maintain so that her harvest will be of quality and, also, to combat plagues.

With this loan she will purchase a variety of fertilizers and insecticides, plus urea, etc.

Karolina appreciates the help and confidence that Afodenic and Kiva have offered her.
View original language description ↓
La señora Karolina habita en el municipio de Ticuantepe junto a su familia, quienes desde hace mucho tiempo trabajan cultivando la tierra, actualmente tiene una manzana de piña quien necesita darle mantenimiento para que su cosecha sea de calidad y poder combatir las plagas, con este credito comprara insumos como: Triple, Completo, Urea, etc, Agradece el apoyo y la confianza que Afodenic y Fondos Kiva le han brindado.

Previous Loan Details

Ms. Karolina continues to cultivate pineapples from which she is able to create earnings that help her with her household expenses. At this moment, Karolina needs to maintain her pineapple plants as the rainy seasons can cause flooding in the fields and she wants to have a good harvest so she can... More from Karolina Del Socorro'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 Nicaragua

  • $3,636
    Average annual income
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 25.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Karolina Del Socorro to fertilize and maintain her pineapple plants.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
Jun 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015