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Mayra Del Socorro

Update on Mayra Del Socorro

Mayra has worked as a housekeeper for an organization for seven years. Her priority has been her children's education and the completion of her house, which is progressing little by little. She is requesting another loan in order to make room dividers and a kitchen area, for which she needs to buy building materials such as cement, sand, cinder blocks, iron, wire, and zinc sheets, among others.

All of this is thanks to the funding offered to her by AFODENIC through Kiva. She has managed to continue making progress with the improvements to the infrastructure of her home. This is of benefit to her family, who can now live a better life.
View original language description ↓
Doña Mayra siempre trabaja como ama de llaves para una organización hace siete años, su prioridad ha sido la educación de sus hijos y terminar de construir su casa que va avanzando poco a poco, ahora solicita nuevamente crédito para realizar divisiones de cuarto y área de cocina comprando materiales de construcción como cemento, arena, bloques, hierro, alambre, laminas de zinc entre otros; todo esto gracias a los financiamientos que brinda AFODENIC a través de KIVA, ha logrado seguir avanzando con las mejoras de la infraestructura de su vivienda, un beneficio para su familia para vivir mejor.

Previous Loan Details

Mayra is a small trader whose main goal has been the construction of her home. She has worked in different things to generate more income and support her family. She has two sons and her husband is a builder. She owns a meat-selling business (beef and pork), which she started with a few sales and... More from Mayra Del Socorro'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
  • 33
    View loans »
    Nicaragua Loans Fundraising
  • $26,398,725
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Mayra Del Socorro to buy cement, sand, cinder blocks, iron, wire, and zinc sheets.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Sep 11, 2012
Nov 1, 2012
Currency Exchange Loss:
May 17, 2014