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Wilmer Antonio

Update on Wilmer Antonio

Wilmer is 27 years old and married. His wife works for the Nicaraguan Army. They have 2 children, one is 3 years old and does not attend school yet and the other is in secondary school. They own the home where they live. Wilmer has worked as a security guard for the local government for 3 years. He is a very hardworking man. With effort and loans he has built his home to provide his family with a safe place to live. He is requesting this new loan to make improvements to his home, to reinforce a retention wall in the back part of his patio. This will prevent the house from deteriorating. He will also repair a drain that was poorly constructed.
View original language description ↓
El sr. Wilmer de 27 años de edad, es casado, su esposa trabaja para el Ejercito de Nicaragua, tienen 2 hijos, uno de 3 años de edad que aun no estudia y otro que esta estudiando la secundaria. La casa que habitan es propia, el trabaja como guarda de seguridad para la Alcaldia desde hace 3 años, es hombre muy trabajador que con esfuerzos y creditos ha construido su vivienda para brindarle a su familia un lugar seguro donde vivir. Solicita este nuevo credito para mejoras de vivienda, para reforzar un muro de retencion en la parte trasera de su patio que le servira para evitar que la casa deteriore y tambien para reparacion de un sumidero que le dejaron mal construido.

Previous Loan Details

Wilmer, age 26, is married to Mrs. Maritza. They have 3 children: Ana Maria, age 14, who is in the second year of high school; Luis Manuel, age 11, who is in the fifth grade of elementary school; and the youngest, age 1. The children are cared for by their mother. Wilmer has worked for the… More from Wilmer Antonio's previous loan »

Additional Information

About AFODENIC

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
  • 64
    View loans »
    Nicaragua Loans Fundraising
  • $23,441,425
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $950 helped Wilmer Antonio to build a wall.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Expired:
Oct 31, 2012