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Jose Vidal

Update on Jose Vidal

Don José continues to work as a welder and his wife to sell food, so they can continue improving their dwelling. Four of his children are married and two are single. One of the latter works and the youngest one attends secondary school.

Previously Don José was a semi-truck driver but because the salary was so low, he quit and began working with welding, which he learned to do when he was young.

For him, his priority is home improvement, which he has undertaken for his family’s well-being. Today, with this new funding, he will be able to install ceramic tile in his living room and he will build a small pantry in the kitchen for better hygiene. The loan will help him meet his expenses.
View original language description ↓
Don José sigue laborando en soldadura, su esposa vendiendo comida para seguir con el mejoramiento de la vivienda, sus hijos cuatro casados y dos soltero, uno trabaja y la menor estudia la secundaria. Anteriormente don José era conductor de cabezales y por motivo de bajo salario, renuncio, y comenzo a trabajar con soldadura que aprendió desde joven.
Para él la mejora a su casa es su prioridad, que ha venido trabajando para el bienestar comun de la familia, hoy con este nuevo financiamiento pondrá cerámica en su sala y levantara un pequeño pantry en la cocina Para una mejor higiene. El cual va por parte para equilibrar sus gastos.

Previous Loan Details

José is married and his wife is a housewife. He works as a welder. His plan is to start his own welding shop. He has been working for a private company for a long time. There is insecurity in the area where he lives. This being an important factor for his family, he needs to improve the infr... More from Jose Vidal'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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $3,636
    Average annual income
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,275
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,275 helped Jose Vidal to purchase ceramic tile, blocks, sand, cement and iron to build a small pantry.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 13, 2012
Aug 5, 2012
Currency Exchange Loss:
Sep 4, 2012