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Salome

Update on Salome

Salome resides in the San Ignacio municipality. His wife does the housework, and his children, now older, are studying. He has been a farmer for several years. Currently, he is asking for capital for his crop maintenance. With this loan, he will be able to buy the fertilizers and supplies for their optimal maintenance, and so, will achieve a good harvest.This will allow him to obtain more income for his home. He is grateful for the support that AFODENIC and Kiva have provided him.
View original language description ↓
El señor Salome habita en el municipio de San Ignacio, su esposa se dedica con las tareas del Hogar ya sus hijos son mayores y estan estudiando, el es agricultor desde hace varios años, en la actualidad requiere de capital para darle mantenimiento a sus cultivos, con este credito podra comprar los fertilizantes e insumos para su optimo mantenimento y lograndoa asi una buena cosecha y esto le permitira la obtencion de mas ingresos para su hogar, Agradece el apoyo que Afodenic y Fondos Kiva le han brindado.

Previous Loan Details

Mr. Salome A. B. is 53 years old and lives in San Ignacio. He is married and his wife is a homemaker. He has three adult children who are in school, and he works as a pineapple farmer. Infection by pests and diseases are among the problems that Mr. Salome has faced with his land. This is th... More from Salome'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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $23,671,175
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,450 helped Salome to buy supplies for crop maintenance.
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 9, 2013
Currency Exchange Loss:
Possible
Expired:
Mar 11, 2013