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Daysi Antonia

Update on Daysi Antonia

Daysi is requesting this loan to invest in her business, just like the previous loan. She wants to build her inventory so that she can meet the demands of her customers. During her previous loan, she had mild health problems but she managed to continue forward. With this loan, she will buy dairy products, personal care and household products, soda, candy, cereal grains, and assorted meats. She plans that this loan will help her obtain sufficient profits to enable her to support her family. Her future plans are to improve the infrastructure in her home.
View original language description ↓
Daysi solicita este crédito para invertirlo en su negocio, al igual que el crédito anterior. Desea fortalecer más su inventario para no desabastecer las demandas de sus clientes. Durante el crédito anterior tuvo problemas de salud leve, pero logró salir adelante. Con este crédito comprará productos lácteos, productos de aseo personal y del hogar, gaseosas, golosinas, cereales y carnes variadas. Espera con este crédito obtener ganancias suficientes que le permitan poder mantener a su familia. Sus planes futuros son poder mejorar la infraestructura de su vivienda.

Previous Loan Details

Daysi’s a humble woman who has been struggling to get ahead alongside her children. She’s a single mother and has had many obstacles like health problems among others. Her way of earning a living is by means of a small grocery store she has installed at home. She needs the loan she’s requesti... More from Daysi Antonia'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
  • 146
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $600 helped Daysi Antonia to stock her store with various products.
83% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2014
Listed
Jul 22, 2014
Currency Exchange Loss:
Possible