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Rafael Antonio

Update on Rafael Antonio

Rafael is 40 years old and works together with his wife. Their three children are still attending school. Rafael works as a full-time farmer and his wife helps him to sell the fruits of his harvests. Rafael experienced difficulties for a while in obtaining supplies for his crops but, thanks to a loan from Afodenic and Kiva, he has been able to make progress. He is requesting a new loan to maintain two 'manzanas' (just under 3.5 acres) of 'pitahaya' (dragon fruit). He will buy supplies such as fertilizers, insecticides and fungicides. In the future, Rafael plans to buy more land so that he can continue increasing his capital by growing more crops.
View original language description ↓
Don Rafael de 40 años de edad, siempre trabajando en conjunto con su esposa, sus 3 hijos todavía van a la escuela, se dedica de lleno a la agricultura y su esposa es quien le ayuda a vender los frutos de la cosecha, don Rafael tuvo dificultades en un tiempo con los insumos para sus cultivos pero gracias al financiamiento de AFODENIC y KIVA ha podido sacarlo adelante; es por eso que solicita nuevamente el crédito para darle mantenimiento a 2 manzanas de pitahaya para comprar insumos como: abono, insecticidas y fungicidas, don Rafael en un futuro piensa comprar más tierra para seguir incrementando su capital con mayores cultivos.

Previous Loan Details

Rafael Antonio B. A. is 37 years old and lives in a neighborhood of the capital with his wife and two underage children who depend economically on their parents but help with housework and farm work. The family has dedicated itself to farming for over 20 years. During this time they have fought a... More from Rafael Antonio'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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $25,420,300
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,500 helped Rafael Antonio to buy fungicides, fertilizers and insecticides.
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Aug 27, 2012
Oct 1, 2012
Currency Exchange Loss:
Oct 31, 2012