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Genaro Deciderio

Update on Genaro Deciderio

Genaro lives in the municipality of La Concepcion with his family. His family is of modest origins, and over many years they have been farmers. The main challenge that he has faced has been the natural disasters, because with so much rain, almost all of the coffee flowers fell off and the production was very low. At this time, he lacks the resources he needs to get started with this year's production. He needs fertilizers and agricultural supplies. This loan will be used to purchase supplies.
View original language description ↓
El señor Genaro , es habitante del municipio de la Concepcion , junto a su familia , ellos son de origen Humilde , durante muchos años se han dedicado a la agricultura , la mayor afectacion que se le presenta son los desastres naturales , ya que de tanta lluvia ,casi todas las flores de café se cayeron y la producción fue muy baja , lo que él no cuenta en estos momentos con los recursos necesarios para sacar adelante este año la produccióm , el necesita fertilizantes e insumos necesarios para la compra de los suministros .

Previous Loan Details

Genaro is married and works as a merchant and farmer in the family business. His children help by working in the fields. Genaro started through his own efforts and gradually made improvements to his farm. He needs to buy a yoke of oxen so that he can plow his land and transport his harvest. T... More from Genaro Deciderio'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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,065,800
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Genaro Deciderio to buy fertilizer and agricultural supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Jan 26, 2012
Feb 11, 2012
Currency Exchange Loss:
Mar 15, 2013