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Silbio Antonio

Update on Silbio Antonio

Silbio lives in the town of Ticuantepe with his wife, who sells fruits and vegetables to help with the household expenses since they have children to care for. Their plan for the future is to be able to put their kids through school so that they can go to university. Silbio has worked for some years as a farmer, specifically cultivating pineapple. The biggest challenge is the insects that invade the crop, because he doesn't have the financial resources to be able combat them once and for all. The white flies are totally damaging to the plantation. He wants this loan to buy fertilizer and inputs.
View original language description ↓
El señor Silbio, es habitante del municipio de Ticuantepe, junto a su esposa la cual labora como comerciante de frutas y verduras , para apoyarlos con los gastos del hogar , ya que ellos todavía tienen hijos a su cargo , los planes hacia un futuro es poder brindar estudios a sus hijos para que logren ejercer una carrera universitaria , don Silbio desde hace varios años se dedica al trabajo de agricultura especialmente al cultivo piña , la mayor afectación que se le presentan son las plagas que invaden al mismo , ya que el no cuenta con los recursos económicos para poder combatir de un sola vez toda la plaga , tanto de roedores como la mosca blanca que son totalmente dañina para la plantación . El préstamo lo quiere para la compra de fertilizantes e insumos.

Previous Loan Details

Silbio Antonio C. C. is 41 years old and lives in the neighborhood of Los Rios with his life partner. They have 3 young children who are studying and help their parents with the work around their home. They have been farmers for more than 21 years, and the problems of pests have decreased their h... More from Silbio Antonio'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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,500 helped Silbio Antonio to buy fertilizers and inputs.
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 23, 2012
Listed
May 15, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 14, 2012