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Walther Mauricio

Update on Walther Mauricio

Walter continues to work as a photographer. This work has helped him pay his loans and raise his teenage children aged 16 and 18.

His wife sells cosmetics and clothes to help with expenses since life keeps getting more expensive.

Today he is asking for his ninth loan to buy a good quality professional instant camera since his clients are requesting photos with better resolution.
View original language description ↓
Don Walter continua con su labor como fotógrafo trabajo con el que le ha ayudado a pagar sus créditos y hacer crecer a sus hijos que son adolecentes de 16 y 18 años y su esposa a la par vendiendo cosméticos y ropa para ayudarle con los gastos ya que la vida cada vez es más cara hoy en día solicita su noveno crédito para comprar una cámara fotográfica instantánea profesional de mejor calidad ya que sus clientes le exigen mejor resolución de fotos.

Previous Loan Details

Walter is a photographer by profession. He has been working in this trade for more than 16 years in order to get his family ahead in life. Walter is married and has three children. His wife sells clothes and together they support each other so that they are able to balance their expenses. W... More from Walther Mauricio'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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,396,400
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Walther Mauricio to buy a professional camera.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014