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Franklin Antonio

Update on Franklin Antonio

Franklin used to work as a salesman but now he works for a private company. His wife took over the business. Franklin's dreams are to be able to finish building his home and to support his children so that they can continue in school and become professionals. Franklin is very grateful to Kiva as, if it were not for them, he would not be able to get ahead in life. Their interest rates and repayment terms adapt themselves to the budgets of humble, poor people. Franklin would like this loan to buy sheets of metal and beams as, during this rainy season, the water seeps in all over his house.
View original language description ↓
El señor Franklin , anteriormente se dedicaba al comercio , pero ahora le trabaja a un empresa privada , su esposa se quedo con el negocio ya que sus sueños es poder terminar de construir la vivienda y apoyar a sus hijos para que sigan estudiando y lleguen a ser profecionales , don Franklin se siente muy agradecido con Kiva , ya que si ellos no fuese posible salir hacia adelante por sus interes y sus cuotas que se ajustan a presupuesto de personas humilde y de escasos recursos , el credito lo quiere para comprar zinc y perlines ya que estos tiempo de lluvia el agua se pasa en toda la vivienda .

Previous Loan Details

Mr. Franklin Antonio S. H., who is 42 years old, lives in the area of Juan Ramón Padilla, and is married. He and his wife work as traveling salesmen, and their incomes are the only source of money that the family has. They have three children. Two of them are older in age and are studying their p... More from Franklin Antonio'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
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,731,150
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Franklin Antonio to buy sheets of metal and beams.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 8, 2011
Dec 1, 2011
Currency Exchange Loss:
Nov 15, 2012