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Yaritza Yurie

Update on Yaritza Yurie

Yaritza is a young lady who is 30 years old, she is married, and her husband works as a bricklayer and helps her with the home expenses and childcare costs. She worked as a machinist in a free trade zone. She resigned and with her settlement she opened a small grocery store. With the loans she has received from AFODENIC she has invested and expanded her business, and for this reason she needs the loan to keep stocking her store with more products such as basic grains, canned goods, soft drinks, candy, vegetables such as onions, tomatoes, peppers, bananas, and lemons, cereals, and other items. This way she can keep pace with her customers' purchases. She used to sell prepared dishes during the evenings but her customers wanted lower prices and this diminished the profitability due to the high costs of the products used to make the food. For this reason she has opted to continue with her grocery store.
View original language description ↓
Yaritza es una joven de la edad de 30 años casada, su esposo trabaja como albañil y le ayuda en los gastos del hogar para la manutención de sus hijos, la joven trabajo como operaria en una zona franca a la que renuncio y con su liquidación puso una pequeña pulpería, con los créditos que le ha facilitado AFODENIC ha ido invirtiendo y aumentando su negocio por esa razón necesita el crédito para seguir abasteciendo su pulpería con mas productos como granos básicos, enlatados, gaseosas, golosinas, verduras como cebolla, tomate, chiltoma, plátano, limones, cereales entre otras cosas y así seguir manteniendo el ritmo de ventas con sus clientes, también vendía comida en la noche pero sus clientes deseaban un precio más barato y no se le ganaba nada debido a los costos tan altos de los productos para hacer la comida, es por eso que ha optado en seguir adelante con su pulpería.

Previous Loan Details

Yaritza continues adding inventory to her grocery store. Now she is expanding the fruit and vegetable section. It has taken some years to increase earnings with her husband helping in the basic household expenses. He does not have a steady job since he is a contract worker. Her two young children... More from Yaritza Yurie'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
  • 57
    View loans »
    Nicaragua Loans Fundraising
  • $25,729,225
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Yaritza Yurie comprar, granos básicos, enlatados, gaseosas, golosinas, verduras como cebolla, tomate, chiltoma, plátano, limones y cereales.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Oct 1, 2012
Currency Exchange Loss:
Aug 18, 2013