Check out some available loans that are similar to this one!
Idalia Andrea

Update on Idalia Andrea

Idalia is a hardworking woman who works in her business every day. This is the main way that she obtains income to pay for the greater part of her expenses. Her husband supports her with his work as a construction machine operator. Through this loan that Idalia is requesting, she wants to continue to invest in her general store to maintain her sales and have all the products on hand that her customers demand.
View original language description ↓
Idalia mujer trabajadora que atiende su negocio de todos los días, medio principal por el cual obtiene sus ingresos que destina para la mayor parte de sus gastos, su esposo la poya con su trabajo como operario de máquina de construcción. Idalia por medio de este préstamo que solicita desea continuar invirtiendo en su pulpería para mantener las ventas y tener siempre los productos demandados por sus clientes.

Previous Loan Details

Idalia is 41 years old and gets ahead thanks to her small general store business, which she works with her husband who is a machine operator. This allows them to pay for their son’s education and also repay their loans, which they have been using to build their home. This is their fifth opportu... More from Idalia Andrea'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
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Idalia Andrea to buy staple consumer products, dairy products, soft drinks, sausages, beef, chicken and pork.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2014
Listed
Mar 2, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015