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Wilber Fernando

Update on Wilber Fernando

Wilber, 31, continues to work as an optometrist, together with his wife who helps him with sales. They have loyal customers now and are located by the coast, north of the country.

With his income, he helps his four children to progress. They all study and continue to grow; the eldest is 15.

Wilber is requesting his ninth credit to buy an auto refractometer in order to evaluate the sight quality of his clients and give them more accurate results. Step by step, he acquires more equipment, necessary for the continuation of his business and for giving his clients a good service.
View original language description ↓
El joven Wilber de 31 años de edad continua siempre con su labor como optometrista en conjunto con su señora quien le ayuda en las ventas, ya tienen su clientela establecida y están ubicados en la zona de la costa norte del país, sus ingresos le ayudan para sacar adelante a sus 4 hijos quienes estudian y que cada vez va creciendo más la familia, ya el mayor tiene 15 años, Wilber solicita este noveno crédito para comprar un auto refractómetro para ver la calidad de la vista de sus clientes y así darles resultados más exactos, poco a poco el va adquiriendo sus equipos que son de vital importancia para continuar con su trabajo, brindándole sus buenos servicios a las personas.

Previous Loan Details

Wilber is an optometrist by profession and has his own mobile optical business. His wife works as his assistant. They work together in order to advance their business and their home. Wilber has plans to complete the construction of his house. Thanks to the financial support he has been able t... More from Wilber Fernando'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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,475 helped Wilber Fernando to buy an auto refractometer.
99% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Nov 30, 2012
Dec 10, 2012
Currency Exchange Loss:
Sep 17, 2014