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Luis Alfonso

Update on Luis Alfonso

Luis lives with his wife in the Ticuantepe municipality. His wife sells fruits and vegetables to help him with the household expenses.

The plan for his family's future is to be able to improve their living conditions by improving his home and enjoying a dignified life.

He has spent many years working under the sun every day to provide for his family. He has been working as a pineapple farmer for many years.

His largest worry is that pests will invade his harvest. He will use this loan to buy fertilizers and supplies for his harvest.
View original language description ↓
El señor Luis es habitante del municipio de Ticuantepe, junto a su esposa la cual, es comerciante de frutas y verduras para apoyarlo con los gastos del hogar, los planes hacia un futuro es mejorar las condiciones de vida, ya que su mayor sueño es poder mejorar su casita y gozar de una vida digna ya que han sido varios años de lucha trabajando bajo el sol para poder llevar el pan de cada día a su familia, don Luis desde hace varios años trabaja con el cultivo de piña , la mayor afectación que se le presentan son las plagas que invaden el cultivo. El préstamo lo necesita para la compra de fertilizantes e insumos .

Previous Loan Details

Luis is a small farmer in Ticuantepe. For 25 years he has been growing pineapples. His greatest challenge are the pests that affect his crops. His plans for the future for his family is to give them a better quality of life. He has four children and his wife works as a storekeeper to help support... More from Luis Alfonso's previous loan »

Additional Information

About AFODENIC

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

  • $3,636
    Average annual income
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,731,525
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Luis Alfonso compra de fertilizantes e insumos.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 23, 2012
Listed
Apr 30, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013