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Mario De La Cruz

Update on Mario De La Cruz

Mario is still doing the same work of selling scrap metal and air fresheners with his wife. They both earn their living selling these products.

He asked for his last loan for the installation of a bathroom, but he only bought part of the materials. He invested the rest in raw materials for making air fresheners, since he did not have enough products.

This time, he wishes to finish the construction that he has left half-done. He will buy a toilet, cement, cinder blocks, sand and pipes. He will also put in room dividers to give greater splendor to his home and offer greater comfort to his family.
View original language description ↓
Don Mario siempre con su trabajo de venta de chatarras y ambientadores a la par de su esposa ambos se ganan la vida vendiendo estos productos y su ultimo crédito lo solicito para la instalación de servicios higiénicos pero solamente compro una parte de los materiales y la otra parte lo invirtió en materia prima para elaborar los ambientadores ya que carecía de productos, en esta ocasión desea terminar la construcción que ha dejado a medias comprara inodoro, cemento, bloques, arena, tubos y también hará las divisiones de cuartos para darle mayor realce a su vivienda y brindarle más comodidad a su familia.

Previous Loan Details

Mario is a gentleman who has been selling chemical products for about nine years; this is his main activity. However, because this work does not generate much income he also buys and sells recyclables aiming at improving his income. He assures us that gradually and thanks to Afodenic loans he... More from Mario De La Cruz'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
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,575,325
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Mario De La Cruz to buy a toilet, cement, cinder blocks, sand and pipes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jan 26, 2013
Feb 1, 2013
Currency Exchange Loss:
Dec 17, 2013