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Diana Elisa

Update on Diana Elisa

Diana has used her previous loans to build her humble home. She is currently putting the final touches on the home and needs cement, ceramic, paint, cinderblocks, etc. With the loan that she is requesting, she will be able to purchase these products.

She makes a living by selling fruits and vegetables. Her husband gives her financial support also, since he is a construction worker. She is grateful for the support and trust provided by Kiva and Afodenic.
View original language description ↓
La señora Diana con los creditos anteriores ha construido su humilde vivienda, actualmente dara los ultimos retoques para que quede lista dentro de su presupuesto requiere de Cemento, Ceramica, Pintura, Bloques, etc. con este credito que esta solicitando podra comprar lo antes mencionado ella se dedica a la venta de frutas y verduras y su esposo la ayuda economicamente ya que trabaja como Albañil contratista. Agradce el apoyo y confianza que Kiva junto a Afodenic le han brindado.

Previous Loan Details

Diana is a humble merchant of fruits and vegetables who fights day after day to improve her living conditions. To contribute to home expenses her husband works as a brick layer. This is how they support themselves to help their school aged daughters move forward. Diana needs this loan to purch... More from Diana Elisa'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
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,075
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Diana Elisa to purchase construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2013
Listed
Nov 8, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014