Check out some available loans that are similar to this one!

Update on Eliezer

Eliezer is 35 years old and has a son. He has worked for the city for 16 years as a police officer. He is asking for his 4th loan with the objective of finishing construction of some rooms on his house. With the previous loan he was only able to start this construction project. The cost of materials went up, and the money wasn't enough. Eliezer is very grateful to AFODENIC and KIVA, because thanks to the loans he has improved his home and been able to give his family better living conditions. He says that without the loans, he never would have been able to have his house the way he has it now.
View original language description ↓
Eliezer de 35 años de edad es casado, tiene un hijo. Eliezer trabaja para la Municipalidad desde hace 16 años, desempeñandose como policia municipal. Esta solicitando su 4to credito con el objetivo de terminar la construccion de los cuartos de su casa, pues con el credito anterior solamente logro iniciar este proyecto de construccion, ya que los materiales se elevaron de precio, y no ajusto con el dinero. Elizer esta muy agradecido con AFODENIC y KIVA, pues gracias a los financiamientos otorgados los cuales ha ido mejorando su vivienda le ha podido dar a su familia mejores condiciones de vida, y dice que si no es por los creditos nunca tendria su casita como la tiene ahora.

Previous Loan Details

Eliezer is 34 years old and married to Minerva Gudiel. They have one son together. Eliezer has been working as a policeman for the mayor's office in the municipality of Juigalpa for 15 years. Eliezer is requesting a loan so that he can complete construction on a room in his house. He already... More from Eliezer'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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Eliezer to finish construction of some rooms.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 24, 2011
Nov 1, 2011
Currency Exchange Loss:
Feb 15, 2013
This photo was used before for a previous loan for Eliezer. It was first posted on Kiva on Aug, 2010. Learn More