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Reyna Isabel

Update on Reyna Isabel

Sra. Reyna rents out rooms in order to earn a living. She also sells basics like rice, beans, sugar, meat and chicken from her house. The business is doing well. Her children are now adults and have jobs. With help from her husband, Reyna has made progress.

Now she is seeking a loan for the fourth time to continue making improvements to the rooms she rents out as she has done with the previous loans. This time she plans to buy three doors to put on the bedrooms so that her guests feel safe in their rooms. Reyna’s future plans include adding two more floors so she can offer large and comfortable apartments to her guests.
View original language description ↓
Doña Reyna para ayudarse económicamente ha optado por alquilar cuartos y en su casa vende productos básicos como arroz frijoles azúcar, carne y pollo lo cual le van muy bien, sus hijos ya están grandes y trabajan, con la ayuda de su esposo ha salido adelante hoy en día ella solicita apoyo de crédito por cuarta ocasión para seguirle haciendo mejoras a sus cuartos de alquiler a como lo ha vendido haciendo con los prestamos anteriores, en esta ocasión comprara 3 puertas para ponerle a los dormitorios para que sus clientes se sientan seguros en sus habitaciones, los planes futuros de doña Reyna es poner una planta de dos pisos para ofrecer unos apartamentos grandes y cómodos.

Previous Loan Details

Reyna is an entrepreneur, a single mother, and a homemaker who has a business of renting out rooms as a source of income. With her previous loan, she was able to replace the door of one of the rooms that was in disrepair. This provided more comfort for her tenants. For the upcoming year, she p... More from Reyna Isabel'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
  • 44
    View loans »
    Nicaragua Loans Fundraising
  • $26,249,100
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Reyna Isabel buy three doors.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 18, 2013
Feb 1, 2013
Currency Exchange Loss:
Feb 17, 2014