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Gladys Del Rosario

Update on Gladys Del Rosario

Gladys, who is 39 years old, is single. She has two children, one who is in primary school and one who attends the university. She has been working for MINED for 19 years as a teacher at the Floresmilda school. She is applying for her 5th loan with the goal of improving the porch of her house and also to fix up a room, since she wants to tile it to thus offer her family better living conditions.
View original language description ↓
Gladys de 39 años de edad es soltera, tiene 2 hijos, uno estudiando la primaria y el otro estudiando la universidad, labora para el MINED desde hace 19 años como deocente en el Colegio Floresmilda. Esta solicitando su 5to credito con el objetivo de mejorar el porche de su casa y ademas terminar de acondicionar su cuarto, pues desea embaldozarlos, para asi brindarle a su familia mejores condiciones de vida.

Previous Loan Details

Gladys is 38 years old, single, and has two children. One child is 5 years old and the other studies at the university. She has worked for the Ministry of Education as a teacher at Floresmilda D. High School for 18 years. She is asking for her 4th loan in order to repair the roof of her home... More from Gladys Del Rosario'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 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.

About Nicaragua

  • $4,800
    Average annual income
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,391,875
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Gladys Del Rosario to improve the porch and a room.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Dec 26, 2011
Jan 28, 2012
Currency Exchange Loss:
Aug 18, 2013