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Pedro Jose

Update on Pedro Jose

Pedro is 53 years old. He is following in his father's footsteps working full time as a farmer growing pineapples. This requires constant perventative measures to obtain good products. That is why he is asking for a loan to buy urea, insecticide and fertilizer. His wife sells the product in the city of Managua. His children go to school and help him with the farming, supporting themselves this way. His biggest dream is to increase his crop and leave his children a business of their own to manage.
View original language description ↓
Don Pedro tiene la edad de 53 años, siguiendo los pasos de su padre también se dedica de tiempo completo al cultivo de la tierra con una manzana de piña el cual requiere constantemente manejo preventivo para poder obtener buenos frutos, por tal motivo solicita crédito para comprar urea, insecticidas y abono, su esposa los comercializa en la ciudad de Managua, sus hijos estudian y le ayudan en la agricultura de esa manera ellos se apoyan, su mayor sueño es poder incrementar su cultivo y dejarle a sus hijos un trabajo propio que manejar.

Previous Loan Details

Pedro Jose H. is 51 years old, married, and his wife sells fruits and vegetables. He is a farmer with more than 30 years' experience, during which time he has dealt with people robbing the harvest, and that has affected his economic position for investing in his business and reaching new financia... More from Pedro Jose'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
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Pedro Jose to buy urea, insecticides and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Sep 24, 2012
Nov 1, 2012
Currency Exchange Loss:
Nov 18, 2013