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Wuilman Antonio

Update on Wuilman Antonio

Wilman, 46, owns a taxi and his wife has a small grocery store. His three children are still attending school. The loans he’s requested have been for home improvements and this one will be too. He wants to add a room and is requesting his 5th loan to do so because he needs to buy building materials and supplies like cement, sand, rebar, concrete blocks, metal sheeting and roof purlins to do the job and gradually continue to improve his house so his children can live in comfort.
View original language description ↓
Don Wilman de 46 años de edad, su esposa tiene un negocio de una pequeña pulpería, sus 3 hijos todavía estudian, es dueño de un taxi los créditos solicitados han sido para mejoras de su vivienda al igual que en esta ocasión será para hacer un anexo de cuarto por lo que solicita su quinto préstamo ya que necesita comprar materiales de construcción como cemento, arena, hierro, bloques, láminas de zinc y perlines para levantar la obra, así irá mejorando su vivienda poco a poco para que sus hijos vivan cómodos.

Previous Loan Details

Wuilman continues to work as a taxi driver with his own vehicle. He has had this business providing taxi services for a number of years. His 3 children are in school and his wife has a small grocery store. Together, he and his wife pay for the household expenses. Wuilman took a previous loa... More from Wuilman 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

  • $4,800
    Average annual income
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Wuilman Antonio to buy cement, sand, rebar, concrete blocks, metal sheeting and purlins.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013