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Eliseo

Update on Eliseo

Eliseo lives in Ticuantepe with his wife who works as a fruit and vegetable merchant to help him with household expenses. His plan for the family is to improve living conditions, above all to build his humble house.

Eliseo has worked for several years growing pineapples. The greatest difficulty he faces is infestations that afflict the crops because he lacks fertilizer and necessary supplies so that they can produce well which is why Eliseo needs Kiva’s support to be able to buy fertilizer and supplies needed by his pineapple plants since this is his only source of income to provide his family’s daily bread.
View original language description ↓
El señor Eliseo, es habitante del municipio de Ticuantepe, junto a su esposa, la cual trabaja como comérciate de frutas y verduras para apoyarle con los gastos del hogar, los planes hacia su familia es mejorar las condiciones de vida, sobre todo construir su humilde casa, don Eliseo desde hace varios años se dedica a los cultivos de piña, la mayor dificultad que se le presenta son las plagas que invaden el cultivo , ya que estas plantas carecen de fertilizantes e insumos necesarios para que ellas puedan sacar una buena producción , lo cual son Eliseo necesita el apoyo de Kiva para poder comprar fertilizantes e insumos necesarios para sus plantas de piña, ya que este es el único recurso económico con el que cuenta para poder llevar el pan de cada dia a su familia .

Previous Loan Details

Mr. Eliseo C., 54, lives in Reparto Juan Ramón Padilla. He’s married and his wife’s a housewife. They have been farmers for over 21 years. He has faced pest infestations. His father taught him farming skills and since then farming has been his source of income. The loan is for his business... More from Eliseo'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
  • 73
    View loans »
    Nicaragua Loans Fundraising
  • $23,668,700
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Eliseo to buy fertilizer and supplies.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 24, 2012
Listed
May 23, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013