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Juana Del Rosario

Update on Juana Del Rosario

Juana, 57 years old, is hardworking, always looking for the way to move forward. Together with her family, she cultivates a plot of mandarins, oranges, and limes, which she sells in the market. Her children support her in everything, both economically and with her work.
The loan she is requesting is to buy fertilizer, urea, permethrin [insecticide], complete fertilizer, etc., since the crop will be ready for harvest very shortly. Juana is grateful for the support that Kiva and Afodenic have given her.
View original language description ↓
La señora Juana a sus 57 años de edad, es trabajadora siempre buscando la forma de salir adelante, junto a su familia ella cosecha una manzana de Mandarinas, Naranjas y limones los cuales comercializa en el mercado, sus hijos la apoyan en todo tanto economicamente como en el trabajo, el credito lo solicita para comprar fertilizante, urea, permetrina,completo, etc. ya que en muy poco tiempo la cosecha estara lista para el corte. doña juana agradece el apoyo que Kiva y Afodenic les ha brindado.

Previous Loan Details

Juana’s a hardworking woman who has raised her children with her husband. Her dream is to have a proper house that’s in good condition. She’s worked in the fields since she was very young and needs to provide crop maintenance to her citrus, orange and mandarin, crops because she fears that th... More from Juana Del Rosario'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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,396,400
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Juana Del Rosario to buy supplies to maintain her crop.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2014
Listed
Feb 7, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014