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Jose Denis

Update on Jose Denis

José continues to work in his small business selling plastic products, which are in high demand, which pleases him, since he has increased the amount he is buying and selling. His wife supports him, and his goal for the future is to have his own land and house. They currently live on a piece of land where his father-in-law has made improvements to the place, but his goal to have his own land.

With this new loan, he will invest in products for his business, including 300 packages of food packaging, 35 boxes of disposable plates, 20 boxes of spoons, 5 boxes of disposable bags, and other products, such as straws and napkins, with the end goal of further developing his investment, attracting new customers and keeping his established customer base by delivering their merchandise.
View original language description ↓
José continúa trabajando en su pequeño negocio de venta de productos plásticos, el cual son bien demandados, lo que está contento porque, ha aumentado la cantidad en compra y venta, su esposa lo apoya, como objetivo a futuro es tener su propio terreno y casa, viven a parte donde su suegro, ha hecho mejora al local que vive, pero su objetivo tener su propio terreno
Con este nuevo préstamo invertirá producto para su negocio 300 bultos de empaque para comida, 35 caja de platos desechables, 20 cajas de cucharas, 5 cajas de bolsa desechable y otros como, pajillas, servilletas, con el fin de seguir promoviendo su inversión, captando clientela y tener a sus clientes estables al entregarle mercadería.

Previous Loan Details

José Denis is young man of 29 years who is married and the father of one three month old child. His wife works with computers. His business is selling plastic products such as glasses and plates for birthdays, gags, and various other things. He started with savings from his previous job and help... More from Jose Denis'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
  • 69
    View loans »
    Nicaragua Loans Fundraising
  • $25,049,000
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Jose Denis to invest in plastic products like plates, glasses, spoons, forks, and items for packaging foods.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 13, 2012
Jun 19, 2012
Currency Exchange Loss:
Aug 18, 2013