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Filena De La Cruz

Update on Filena De La Cruz

Filena is married and her husband provides taxi services with his own taxi. Her children are already married and on their own and they support their parents with the clothing, cosmetics, and stationary business which has gone well and allowed them to improve their financial situation. Thanks to the financing, she is very happy to be able to count on this support and she wants to buy cosmetics via catalog, clothing, and school supplies for the season so that she can maintain her sales and inventory.
View original language description ↓
Doña Filena es casada el esposo trabaja brindado servicios de taxi propio, sus hijos ya son casados e independientes que apoyan a sus padres, con su negocio la venta de ropa, cosméticos y artículos de librería en el cual le ha ido muy bien lo que le ha venido a mejorar la vida económica a la familia gracias a los financiamientos por lo cual está muy contenta de contar con este apoyo, espera seguir invirtiendo en el negocio a como lo hará con este préstamo comprando cosméticos por catálogos, ropa, útiles escolares por la temporada de clases para mantener su volumen de ventas e inventario.

Previous Loan Details

For 9 years, Filena has sold clothes, cosmetics and school supplies, a business that has allowed her to support her children and her husband and pay for basic needs like water and electricity. Her husband works as a driver in his own taxi, and together they have provided a worthy home for their c... More from Filena De La Cruz'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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Filena De La Cruz to buy merchandise.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jan 24, 2013
Feb 1, 2013
Currency Exchange Loss:
Oct 17, 2013