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Marcelina Antonia

Update on Marcelina Antonia

Marcelina is 58 years old and has a small grocery store. Her husband works in agriculture. Together, they have 7 children, all of whom are now grown. Marcelina is requesting this loan in order to invest in her business, since she is running low on inventory. She will buy basic grains, milk powder, cereal, coffee, juice, and soda, among other products, and she is sure that with this investment she will be able to improve her sales. This way, she and her husband will be able to improve their economic situation.
View original language description ↓
Doña Marcelina de 58 años de edad, comerciante con una pequeña pulpería y su esposo dedicado en las actividades agrícolas, ambos procrearon 7 hijos ya todos independientes. Marcelina requiere del crédito para invertir en su negocio ya que carece de pro ductos actualmente, comprara granos básicos, leche en polvo, café, cereales, jugos, gaseosas, ella tiene la certeza que con esta inversión mejorara las ventas, de esta manera seguir adelante con su esposo.

Previous Loan Details

Marcelina es married and lives in the San Juan neighborhood. Her main source of income is commerce. She has a grocery store where she sells basic family staple items located at home. This activity makes it possible for her to meet her needs and cover some of the expenses in useful projects f... More from Marcelina Antonia'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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 25.6
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,000 helped Marcelina Antonia to buy basic grains, milk powder, cereal, juice, soda, meat, chicken, and cleaning products.
66% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 12, 2014
Mar 6, 2014
Currency Exchange Loss: