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Virginia Alejandra

Update on Virginia Alejandra

Doña Virginia lives in the Rene Polanco neighbourhood, an area on the periphery of Managua. She has six children and is a single mother. She worked hard to get them ahead and they are now all grown and independent. Virginia now works to maintain her home. She sells clothing and cosmetics and is requesting this loan for home improvements. She now needs to build a room on the back of her home. This will provide a bit of order and shape to her humble home.
View original language description ↓
Doña Virginia habita en el barrio René Polanco, una zona marginal de Managua, procreo 6 hijos siendo madre soltera, lucho para sacarlos adelante hoy en día son mayores e independientes, ahora Virginia trabaja para mantener su hogar vendiendo ropa, cosméticos. Solicita el crédito para mejorar su hogar, en esta ocasión tiene la necesidad de construir un cuarto en la parte trasera de su casa, de esta manera irá dando un poco de orden y forma a su humilde vivienda.

Previous Loan Details

Virginia is fifty years old, a single mother, and a saleswoman of clothing and cosmetics. For her it has been difficult, since she has had to work hard to help her family succeed. Improvements to her house have not been done because she has had to cover her personal expenses and the household n... More from Virginia Alejandra'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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.


About Nicaragua

  • $4,800
    Average annual income
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,754,375
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Virginia Alejandra to buy construction materials like cement, iron, sand, planks of wood, and blocks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 28, 2013
Jul 12, 2013
Currency Exchange Loss:
Jun 17, 2014