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Julia Nora

Update on Julia Nora

Julia is married. Her husband is a basic grains merchant. She continues to take care of her general store in the comfort of her home in order to support her children.

She is asking for a loan in order to invest it in her business which consists of basic grains, dairy products, different types of meats and sodas.

This will increase her inventory and allow her to offer her clients the products that are in great demand.

This will benefit her family's economy.
View original language description ↓
La señora julia, es casada el esposo es un comerciante de granos básicos en los departamentos, ella continua atendiendo su negocio de pulpería en la comodidad de su hogar para apoyar a sus hijos mas de cerca, el crédito que solicita lo necesita para invertir en el negocio comprendido de granos básicos, productos lácteos, carnes variadas, gaseosas esto para aumentar su inventario y poder ofrecer a sus clientes los productos que mayormente demandan, para el benefcio economico de su familia.

Previous Loan Details

Julia is an entrepreneur, an excellent mother and basic grains and assorted daily use items merchant. She’s had her business for some time and it’s the household’s main source of income; together with her husband they’ve managed to become established as merchants. Her long-term plans are to ... More from Julia Nora'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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 24.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Julia Nora to buy basic grains, dairy products, different types of meats and sodas.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 20, 2013
Mar 1, 2013
Currency Exchange Loss:
Apr 16, 2014