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Fatima Del Rosario

Update on Fatima Del Rosario

Fatima lives in the city of Masaya with her husband, who is an independent driver and helps pay the household expenses. She grows yuca and basic crops like corn and beans. She needs to prepare a manzana of yuca so that she take advantage of the winter season, have a better harvest, and increase her income. She will use the new loan to buy yuca wood, fertilizer, Triple, urea, and Complete and to pay laborers. She thanks Afodenic and Kiva for the five precious loans they have given her.
View original language description ↓
La señora Fatima habita en el municipio de Masaya junto a su esposo, el trabaja como conductor independiente el cual le apoyo con los gastos del hogar, ella cultiva Yuca y granos basicos como Maiz, Frjoles. actualmete necesita restaurar una manzana de yuca para aprovechar la entra del invierno y obtener mejores cosecha y mas ingresos, con este nuevo financiamiento comprara, Madera de Yuca, Fertilizantes, Triple, Urea, Completo y pagara la mano de Obra de los trabajadores, Agradece el apoyo que Afodenic y Fondos Kiva le han brindado en estos 5 ciclos que lleva trabajando.

Previous Loan Details

Fatima has worked the land for the past several years along with her husband and thanks to his support. Her husband works as a driver and helps with the household expenses and the payments for their children to attend school. This time Fatima will be able to cultivate two fields of yuca thanks ... More from Fatima Del Rosario'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
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Fatima Del Rosario to buy agricultural supplies.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Apr 30, 2013
May 12, 2013
Currency Exchange Loss:
Dec 17, 2014