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Nubia Del Socorro

Update on Nubia Del Socorro

Nubia el Socorro R. lives in the Los Briones district. One of her main desires in life is to be able to give the best to her children. Her husband helps her unconditionally, because he works for a company as a security guard. She works as a teacher for a private company. With this loan, she will buy materials to continue making improvements to her home. At this time, she needs to buy construction materials such as cement blocks, cement, and sand to build a wall in the back of her house, because the wall she has now is made of corrugated metal, and she wants greater security. Nubia is very grateful to Afodenic and Kiva, who have supported her all of these years.
View original language description ↓
Doña Nubia el Socorro R. habita en la comarca los Briones, uno de sus mayores deseos en esta vida es poderle dar a sus hijos lo mejor, su esposo le ayuda incondicionalmente ya que el labora para una empresa que ofrece el servico de Guarda de Seguridad, ella labora como docente para una empresa privada, con este credito ella compra materiales para continuar realizando las mejoras en su vivienda, actualmente le urge comprar materiales como Bloques, cemento, arena para levandar una pared en la parte trasera de su casa ya que la tiene cubierta con Zinc y ella quiera mayor seguridad. muy agradecida la selora Nubia con Afodenic y Fondos Kiva quien la han apoyado a lo largo de estos años.

Previous Loan Details

Nubia del Socorro R. is 46 years old and lives in Los Briones region, together with her husband who works as a security guard. They have three children. Two of their children live independently and their youngest is 18 years old and in high school. Nubia's plans for her family are to provide h... More from Nubia 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 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.

About Nicaragua

  • $3,636
    Average annual income
  • 83
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 25.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Nubia Del Socorro to buy construction materials.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2013
Listed
Aug 18, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014