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Wendy Yamileth

Update on Wendy Yamileth

Wendy is a young married women with a great desire to succeed. With great sacrifice and the help of her parents she was able to finish her nursing studies. She still works as a nurse. She will use this loan to continue to invest in her home. She needs to raise a wall in the back of the home, since there is a lot of crime in her neighbourhood. For the sake of her family's well-being, she needs to make this improvement.
View original language description ↓
Wendy, es casada una joven con muchos deseos de salir adelante, con mucho sacrificio pudo terminar sus estudios de enfermería con la ayuda de sus padres, hoy en día continua siendo su medio de trabajo, el crédito que solicita es para continuar invirtiendo en su hogar en esta ocasión necesita levantar una pared de la parte trasera de la vivienda, ya que la zona donde habita hay mucha delincuencia y para el bienestar de la familia se requiere hacer esta mejora.

Previous Loan Details

Wendy, a nurse, lives at her parents' house, where she has had a separate apartment built in order to have more privacy. She works at a hospital and has been a nurse for six years. With funding from AFODENIC she has managed to build her separate apartment. She will use this new loan to buy ad... More from Wendy Yamileth'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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,086,375
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Wendy Yamileth to buy cement, sand, iron, and blocks.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014