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Sandra Vanesa

Update on Sandra Vanesa

Sandra Vanesa continues determinedly with the development of her own business selling clothes. Her husband directly supported the construction of the house because he is a brick layer. Because of this they have saved themselves the labour cost which is very expensive.

Both of them are working hard to professionally educate their 11-year-old daughter.

Through the first loan that they received from AFODENIC, Sandra was able to whitewash the walls and change the roof of her house. This time she hopes to construct the front of their house, as well as lay a ceramic floor that she already has, for which she needs to buy construction materials like: blocks, cement, iron, doors and windows.
View original language description ↓
Sandra Vanesa, continúa con el empeño en el desarrollo de su propio negocio de venta de ropa, su esposo ha apoyado directamente en la construcción de la casa porque es albañil, con esto se han ahorrado el pago de la mano de obra que es muy caro. Ambos están luchando en formar profesionalmente a su hija de 11 de años edad. Por medio del primer crédito que otorgó AFODENIC pudo repellar paredes y cambiar el techo de su casa, en esta ocasión ella pretende construir el frente de su casa, además de colocar piso de cerámica que ya posee, para lo cual necesita comprar materiales de construcción como: bloques, cemento, hierro, puertas y ventas.

Previous Loan Details

Sandra is an enterprising merchant. She is married, and her husband is a bricklayer. Her business is selling cosmetics, perfumes, and others by catalog. Her projects are to improve the infrastructure of her house, to generate more profits, to change her standard of living, and to offer her... More from Sandra Vanesa's previous loan »

Additional Information


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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $900 helped Sandra Vanesa to buy construction materials like: blocks, cement, iron, doors and windows.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Oct 17, 2013
Oct 29, 2013
Currency Exchange Loss:
May 17, 2015