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Update on Bruno

Bruno is always looking for ways to come out ahead with his family. Now, out of his five children, he only has to support his seven-year-old daughter who is in the fourth grade. The others are fully grown and on their own, which makes him very happy because Bruno and his wife have made a great effort to raise their children so that they would be people of means.

He is continuing with his grocery store business and is asking for a loan to buy basic grains, milk products, and meats so that he will have a variety of products to offer his customers.
View original language description ↓
Don Bruno continúa siempre buscando como salir adelante con su familia ahora de sus cinco hijos solamente tiene una niña de 7 añitos a su cargo quien estudia el cuarto grado de primaria y los demás ya se han independizado lo cual llena de gran alegría a don bruno y su esposa porque han logrado con mucho esfuerzo hacer crecer a sus hijos y que sean personas de bien, el continua con su negocio de pulpería para el que está solicitando crédito nuevamente para invertir con granos básicos, productos lácteos, carnes, para tener variedad de productos que ofrecerle a sus clientes.

Previous Loan Details

Bruno is a merchant who is married. His plans include improving the infrastructure of his home and expanding his business so that he can sell in larger quantities. With his previous loan, he invested in products that his customers requested and needed. At home, his family is in a better financ... More from Bruno'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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,547,700
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Bruno to stock his store.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Nov 27, 2012
Dec 4, 2012
Currency Exchange Loss:
Feb 17, 2014