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Dionisio

Update on Dionisio

Dionisio has been a farmer all his life. He is a very responsible worker. His wife and children support him in all of his decisions, and they work together so that they can achieve a better future. Currently, he needs money since he needs to carry out maintenance on his pineapple and pitahaya [dragon fruit] crops, so that his production will be even better. With this loan, he will buy the necessary supplies to strengthen his crops: urea, Triple 20, refresher, complete 15-15-15, fertilizer, etc. Thanks to the support from the Afodenic institution and the Kiva fund, he will be able to buy his supplies.
View original language description ↓
el Señor Dionisio Agricultor toda su vida, trabajador muy responsable, su esposa e hijos le apoyan en todas sus decisiones y trabajan juntos para poder formar un mejor futuro, actualmente requiere de dinero ya que necesita darle mantenimiento a sus cultivos de Pitahaya y Piña, para que su produccion sea aun mejor. con este credito comprara lo necesario para fortalezer sus siembros: Urea, Triple 20, Refrescante, Completo 15-15-15, fertilizante, etc. Gracias al apoyo de la Financiera Afodenic y Fondos Kiva lograr comprar sus insumos.

Previous Loan Details

Dionisio is a hard working man responsible for his family. He’s been a farmer for the last 25 years. He’s married. His adult children are independent and the minors work alongside their father to obtain a better future. Potable water is not available where he lives so this is one of his sho... More from Dionisio'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 Nicaragua

  • $3,636
    Average annual income
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,054,525
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Dionisio to buy supplies to maintain his crops.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014