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Update on Ramon

Ramón is 48 years old and has one child in school and three adult children. Ramón continues to work as a security guard at a transportation company, where he has worked for six years. He has built his home with the help of loans from Afodenic and Kiva, for which he is very grateful. These loans have enabled him to continue to make progress.

The loan he is seeking will be used to buy laminated zinc sheets, steel, cement, concrete blocks and wooden beams. This will allow him to raise the level of the ceiling in his house as it is very low at present. Also, the laminated sheet metal is very old. This will help him to improve conditions for his family, and he will be making other repairs where he can.
View original language description ↓
Don ramón de 48 años, sus hijos ya mayores de edad, uno está estudiando, el continua con su trabajo como guarda de seguridad en una empresa de transporte desde hace seis años, ha construido su casa con créditos obtenidos por Afodenic y KIva por el cual está muy contento se seguir progresando, este préstamo lo quiere para comprar laminas de zinc, hierro, bloques, cemento, perlines, para levantar el nivel del techo de su casa ya que es muy bajito y las laminas están muy viejitas, para poder vivir en mejores condiciones con su familia, poco a poco ir haciéndole otras mejoras hasta donde pueda.

Previous Loan Details

Ramón is a hard working father who wants to support his four children. He’s been working with loans to make improvements to his home. He’s been working in security for several years and has been using his salary to make repairs to his home little by little, and pay other expenses. He will ... More from Ramon'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

  • $4,800
    Average annual income
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,406,150
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Ramon to buy laminated zinc sheets, steel, cement, concrete blocks and wooden beams.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Jan 15, 2013
Jan 16, 2013
Currency Exchange Loss:
Jun 17, 2014