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Update on Roberto

Don Roberto is a married man who lives with his wife and three children in the neighborhood Memorial Sandino in Managua. He works very hard as a taxi driver, which is a little dangerous in the area where he lives, but it is his only source of income.

He is seeking his eighth loan for the household improvements that he is making bit by bit. On this occasion he will construct another section of a wall around his home. The wall is currently made up only of laminated zinc sheets. To complete the work he needs to buy cement, steel, concrete blocks and stone. This will bring improved security and tranquility to him and his family.
View original language description ↓
Don Roberto casado padre de familia con 3 hijos que mantener habita en barrio memorial Sandino en Managua, de oficio taxista trabajo muy pesado y un poco peligroso pero es su único medio de ingreso, está solicitando un octavo crédito para infraestructura donde en esta ocasión construirá otra parte del muro perimetral de su casa que aun esta forrado de laminas de zinc para esto necesitara comprar cemento, arena, hierro, bloques con esta obra gozaran de mayor seguridad y tranquilidad él y su familia, el cual va avanzando parte por parte.

Previous Loan Details

Roberto has worked as a taxi driver for 20 years and he owns his own taxi. He is married and is the father of 3 children, and his wife works as a doctor. In his work he has good days and days when there is little work, but he has managed to achieve a balance. Roberto has been making improvem... More from Roberto'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 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

  • $3,636
    Average annual income
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Roberto to buy cement, steel, concrete blocks and stone to construct a wall around his home.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 29, 2012
Jan 9, 2013
Currency Exchange Loss:
Oct 17, 2013