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Update on Jacoba

48-year old Sra. Jacoba is married and lives in the Verdun neighbourhood. She is a teacher and lives with her mother and daughter, both of whom she supports. Her daughter is 14 years old and attends secondary school.

Jacoba works at the Pablo Antonio Cuadra Primary School where she earns a monthly salary. She has help from her husband, and both are known in the community as responsible, honest, and hardworking.

Jacoba is seeking a loan to make some small renovations in her home. She wishes to change the zinc roofing and to buy a dozen floorboards which are needed to improve the house. It should be noted that with a previous loan she succeeded in building the room she had proposed. She is grateful to Kiva for the financial assistance as it, together with her hard work, has allowed her to improve her home. Her greatest wish is to have a healthy family and stable work.
View original language description ↓
Doña Jacoba tiene la edad de 48 años, casada, habita en la colonia el verdun, es Docente, vive con su mama y una hija que son sus responsabilidad, la niña tiene 14 añitos de edad quien estudia su secundaria. Doña Jacoba Labora en la Ecuela Pablo Antonio Cuadra, donde imparte clases de educacion primaria, ademas de su salario mensual que gana por impartir el pan de la enseñanza; cuenta con la ayuda de su esposo ambos son reconocidos en su comunidad por ser responsables, honestos y muy trabajadores.
Solicita su crèdito, para realizarle pequeñas reparaciones a su vivienda así como cambiarle zinc y comprar una docena de tablas que necesita para mejorar la vivienda, cabe mencionar que con el credito anterior logro realizar la construccion de una habitacion como lo tenia previsto y que a su vez agradece a Kiva por esta ayuda de financiamiento pues gracias a eso y esfuerzo de su trabajo ha ido mejorando su vivienda.

Su sueño es que su familia goce de mucha salud, trabajo y que exista estabilidad laboral.

Previous Loan Details

Jacoba is 46 years old, married, and lives in the Verdun colony, 5 km from New Guinea, with her 11 year old daughter who is in primary school. For 12 years now, she has worked for MINED as a primary school teacher, performing her duties with great responsibility and honesty. She is requesting h... More from Jacoba'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
  • 46
    View loans »
    Nicaragua Loans Fundraising
  • $26,296,575
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Jacoba buy building supplies.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jul 30, 2012
Sep 2, 2012
Currency Exchange Loss:
May 17, 2013