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Leidis Mariela

Update on Leidis Mariela

Leidis is a young single woman. She now works for the municipality as an assistant that handles paperwork relating to livestock sales and registry of brands, a job that she hopes will help her get ahead. She aspires to complete her university studies and to improve her living conditions with her family.

She is applying for her third loan, which will be used for improvements to her home. Initially, she will buy building materials and then start construction, so she can have decent housing.
View original language description ↓
La joven Leidis,es soltera ahora trabaja como asistente de carta de venta y fierro en la municipalidad, labor con la que intenta salir adelante, aspira culminar sus estudios universitarios y mejorar sus condiciones de vida junto a su familia. Solicita su 3er crédito para ser invertido en mejoras de su vivienda y así poder comprar primeramente los materiales de construcción y después empezar la obra, para poder tener una vivienda digna.

Previous Loan Details

Leidis Mariela, 23, has been employed for the last three years as a tax collector honestly and responsibly. She’s asking for her second loan to buy a piece of land on which to gradually build her house. According to commercial, employment and personal references, she is a young woman with a str... More from Leidis Mariela'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
  • 139
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $700 helped Leidis Mariela to buy cement, iron, sand, and cinder blocks.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014