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Oscar Danilo

Update on Oscar Danilo

Oscar has demonstrated a great capacity to complete a project like building and improving his home. He works in the construction field as a mason, which is advantageous given his sense and knowledge of construction. Changing jobs presented some difficulties because of the financial situation in the home. His main plan is to buy some land from his mother in law, located where he currently lives. There is no risk of loss because he trusts her.

He will use the money from this loan to buy ceramic, plycem, cement, and other things he needs to finish a previously constructed room. He appreciates the constant support for improving his quality of life.
View original language description ↓
Oscar ha presentado una capacidad grande en relación de cumplir su proyecto de mejorar y construir por completo su vivienda, actualmente trabaja en el campó de construcción como albañil siendo de gran ventaja por su conocimiento y agilidad para construir. Presento algunas dificultades por el cambio de trabajo ocasionando descontrol en el lado financiero del hogar. Su mayor plan es comprar el terreno en donde vive actualmente ya que pertenece a su suegra. No es ningún riesgo de pérdida ya que es de confiar.
Con este nuevo préstamo comprara cerámica, plycem, cemento entre otros para colocar en su cuarto anteriormente construido y también para división en partes con el plycem. Agradece por el apoyo constante al mejoramiento de su nivel de vida.

Previous Loan Details

Oscar Danilo is a hardworking man. He is married and his goal is to build his own home, because he has a family and is currently living with his parents. He works doing maintenance work in a store owned by a private company and has had different jobs prior to that. He has managed to get start... More from Oscar Danilo'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

  • $3,636
    Average annual income
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,043,075
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Oscar Danilo to buy building materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 15, 2011
Dec 1, 2011
Currency Exchange Loss:
Dec 15, 2012