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German Antonio

Update on German Antonio

Germán works as a security guard for a medical clinic, and he can always count on support from his wife who is a domestic employee. They pool their salaries to cover the household expenses and raise their children who are getting bigger and bigger, needing more and more things. Germán is requesting his ninth loan for housing expenses. This time he wants to put up a new ceiling inside the house to protect it from the heat. He will buy gypsum, wood, nails and paint, and hire workers. So, step by step he is making the home improvements needed for his family to live comfortably.
View original language description ↓
Don Germán labora como vigilante para una clínica médica, siempre contando con el apoyo de su pareja quien trabaja como empleada doméstica en conjunto suman sus salarios para poder cubrir los diferentes gastos en el hogar y de sus hijos quienes cada vez están más grandes y sus necesidades son mayores, así mismo don Germán está optando a su noveno crédito para infraestructura, en esta ocasión pondrá el cielo raso del interior de su vivienda para contrarrestar el calor para ello comprara materiales de gypsun, madera, clavos, pintura y realizara el pago de la mano de obra, así paso a paso ira haciéndole mejoras a su casa para tener comodidad con su familia.

Previous Loan Details

German works as a security guard. He is married and is the father of 3 children who are in school. His wife works as a domestic, and together they are supporting their children. They want to make an improvement to the roof of their house. German has had a number of different jobs through wh... More from German 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 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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped German Antonio to buy gypsum, wood, nails and paint, and to hire workers.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 26, 2012
Nov 1, 2012
Currency Exchange Loss:
Nov 17, 2013