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Jeerling Raquel

Update on Jeerling Raquel

Jeerling lives in the municipality of Tucuantepe with her husband and son. She is a merchant who sells second-hand clothing and her husband, who also works, helps her with household expenses.

Jeerling's biggest dream is to finish constructing her house and to buy the materials that she needs to do so.

With this new loan, her clothing business will expand a little, since customer demand is very good and she wants to take advantage of vacation time to boost her sales. Thus, Jeerling will obtain better income and be able to invest more in her house.

Jeerling is grateful to Afodenic and Kiva for the help they have offered.
View original language description ↓
La señora Jeerling habita en el municipio de Ticuantepe, junto a su esposo e hijo, ella es comerciante de Ropa de segunda y su esposa le apoya con los gastos del hogar ya que trabaja por cuanta propia, su mayor sueño es terminar de construir su casa, y comprar los materiales que necesita. con este nuevo aumentara un poco en su negocio de Ropa ya que la demanda de parte de los clientes es muy buena y quiere aprovechar las vacaciones para colocar su venta. y asi obtener mejores ingresos para invertir mas en su casa. Agradece el apoyo que Afodenic y Fondos Kiva le han Brindado.

Previous Loan Details

This lady, Jeerling, lives in the municipality of Ticuantepe with her family. Her husband is self-employed and works to contribute to the household expenses, as they have a ten year old son who is studying at primary school. Jeerling has been working for a private company for many years, and her ... More from Jeerling Raquel'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
  • 60
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Jeerling Raquel buy clothes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 12, 2013
Apr 1, 2013
Currency Exchange Loss:
Feb 17, 2014