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Update on Juana

Juana is an excellent client, and this is her ninth consecutive loan cycle. She has a small shoe store and a pharmacy that her children manage now that they are grown. Together, she and her family have overcome every obstacle that has come their way. Now, Juana is requesting her ninth loan in order to improve the infrastructure of her house. With this loan, she will purchase materials such as cement, cinderblocks, sand and iron, as well as paying labor expenses, in order to reinforce her house so that her family will be more comfortable.
View original language description ↓
Doña Juana una excelente clienta, este es su noveno ciclo consecutivos trabajando con créditos, con su pequeña tienda de calzado y una farmacia que ahora lo administran sus hijos quienes ya son grandes han sobresalido ante cualquier obstáculo ella y su familia, ahora está solicitando su noveno crédito para mejorar la infraestructura de su vivienda para construir un muro en la parte del fondo de su vivienda, con el préstamo comprara materiales como cemento, bloques, arena, hierro y la mano de obra para fortalecer mas su hogar y su familia este más cómoda.

Previous Loan Details

Doña Juana is a businesswoman. She has her own business that has helped her move ahead in life, together with her three children, who are today all grown. Her business is selling shoes and and a pharmacy; she looks after the shoe store, and her son takes care of the pharmacy. This is how the... More from Juana'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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,500 helped Juana to buy cement, cinderblocks, sand and iron, and to pay labor expenses.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Sep 19, 2012
Nov 1, 2012
Currency Exchange Loss:
Nov 30, 2012