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Wiliam Fernando

Update on Wiliam Fernando

William continues working as a conductor and security guard. His job requires both functions. His wife is in charge of the house. One of their children is married and the other is studying in primary school. For William, to improve his house is a great priority which he pursues in order to fulfill all his compromises and achieve his prime objective.

Previous improvements have been achieved with financing through Afodenic, and today, with this new loan William will purchase 15 12-foot sheets of zinc to continue replacing the roof, now over the bedrooms. With a previous loan, he replaced the roof over the living room. William will now be able to remedy this condition and provide his family with a better home.
View original language description ↓
Don Wiliam sigue laborando como conductor y guarda de seguridad. Pues un trabajo que se lo quiere las ambas funciones, su esposa es ama de casa uno de sus hijo es casado y el otro estudia la primaria. Para él la mejora a su casa es de gran prioridad, el cual se esfuerza para cumplir todos sus compromisos y poder seguir con el objetivo.
Estas mejora la ah logrado con financiamiento en Afodenic, en donde hoy con este nuevo préstamo comprara: quince laminas de zinc de doce pies para seguir cambiando su techo en la parte de los cuartos. Con el crédito anterior cambio techo de toda la sala. Pudiendo mejorar esta condición y dar a su familia una mejor vivienda.

Previous Loan Details

Sr. William is a hardworking gentleman and the father of two children who are in school. He has worked as a driver for several years and does not earn very much on his fixed salary, so he makes whatever adjustments are necessary in order to meet his daily needs.

With the support of AFODENI... More from Wiliam Fernando'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
  • 144
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,200
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Wiliam Fernando buy 15 sheets of zinc, to install a new roof over his bedrooms.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 31, 2012
Sep 4, 2012
Currency Exchange Loss:
Sep 18, 2013