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Update on Jaime

Jaime is 48 years old and married with two children. His wife stays at home and his children are both studying at the university. He owns his own home and has worked as a driver for the municipality of Juigalpa for the last three and a half years. This is the second time that Jaime has asked for a loan from Kiva. The first one was used to build a room for his oldest son and now he would like a loan to make additional home improvements. Jaime would like to plaster the walls of his house in order to provide a more comfortable and pleasant home for his family - that's his greatest desire.
View original language description ↓
El Sr. Jaime de 48 años de edad, es casado, su esposa es ama de casa, tiene 2 hijos ambos realiza estudios universitarios, la casa que habita es propia. Trabaja como Conductor para la Municipalidad de Juigalpa desde hace 3 años y seis meses. Cabe mencionar que ésta es la segunda vez que solicita Fondos Kiva lo cual con el primero pudo realizar un cuarto para su hijo mayor y ahora le interesa mejorar su vivienda, lo cual necesita repello de paredes de su casa, para brindar a su familia un lugar agradable y comodo donde vivir que es su mayor anelo.

Previous Loan Details

Forty-six-year-old Jaime lives in a common-law marriage with Señora Martha M.. They have two children: Harvin, 18, who is in his 5th year of secondary school and Elizabeth, 15, in her 4th year of secondary school. Jaime has worked for 18 months as a driver for the city of Juigalpa. He is requ... More from Jaime'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

  • $4,800
    Average annual income
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,753,075
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Jaime to make home improvements.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 26, 2012
Sep 3, 2012
Currency Exchange Loss:
Nov 17, 2013