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Sehllin Liseth

Update on Sehllin Liseth

Sehllin lives in the district of Camilo Ortega, an area populated by those with scarce resources. She is a young mother who wants to succeed with her husband and children, who grow bigger every day and whose education costs are increasing. She still makes a living in business with her husband's support. She wants to invest in her sales, which is why she is requesting the help of a loan to buy various new and second-hand clothing, shoes, household utensils, and other items, to keep selling and ensure she makes a living for her family.
View original language description ↓
Sehllin, vive en el barrio Camilo Ortega, una zona donde los habitantes son personas humildes de escasos recursos, ella es una joven madre que busca como salir adelante junto a su esposo e hijos quienes cada vez van creciendo y los gastos de educación son mayores, continua dedicándose al comercio con el apoyo de su esposo, desea invertirle a su venta por lo que solicita el apoyo de crédito para comprar ropa variada de segunda mano y nueva, calzados, utensilios del hogar entre otros, para mantener sus ventas y garantizar el pan de cada día para la familia.

Previous Loan Details

Sehllin earns a living selling clothing, shoes and domestic appliances. She set up her business nine years ago with funds provided by her husband who works as a master builder. She began selling only a few products but joined forces with her mother to increase inventory and achieve better eco... More from Sehllin Liseth'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

  • $4,800
    Average annual income
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,749,225
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,225 helped Sehllin Liseth to buy various new and second-hand clothing, shoes, household utensils, and other items.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 31, 2013