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Maura

Update on Maura

Maura is a mother who is concerned about the education of her children. She currently has one child under her care who is finishing the last year of university. Even though Maura has a partner who supports her, she continues to manage her small grocery business with the intention of helping her family get ahead.


She is requesting a loan so that she can invest in products for her business such as basic grains, vegetables, fruits, and other items that are in great demand among the neighbors in the neighborhood where she lives. This will allow her to maintain her sales and to help pay for the household expenses.

View original language description ↓
Maura, es una madre que se preocupa por la educación de sus hijos, en la actualidad tiene a uno a su cargo, quien está cursando su último año de universidad, ella tiene su pareja quien la apoya, maura continua con su pequeño negocio de pulpería con lo que intenta salir adelante junto a su familia. Solicita el crédito para invertirle a su negocio con productos de granos básicos, verduras, frutas entre otros de mayor demanda por los vecinos del barrio donde habita, esto le permitirá mantener las ventas y se apoyara a pagar los gastos del hogar.

Previous Loan Details

Maura has succeeded in continuing to make sales at her convenience store. She has bought more products which have allowed to support her children better and the basic household expenses. Her husband is working as always in public service, and her youngest son is in universidad. Her son also helps… More from Maura'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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,441,425
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Maura to buy basic grains, vegetables, fruits, and other items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2013
Listed
Jul 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014