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Update on Humberto

Humberto and his wife's priority is their three children. They are all teenagers under seventeen. Only one of them is in school. Their father still works as a plumber for a company where he has worked for many years. His wife is a homemaker.

He is requesting his fifth loan, which will go towards infrastructure: he will lay tile and replace the roof in his house. For this purpose he needs to buy cement, sand, and sheets of zinc. This investment will help him improve the appearance and neatness of the exterior flooring as well as condition his house for the next rainy season.
View original language description ↓
Para don Humberto y su esposa quien se encarga del orden del hogar su prioridad son sus tres hijos que aun son adolecentes menores de 17 años, solamente uno de ellos estudia, el señor continua con su labor como fontanero de una institución desde hace muchos años, el está solicitando su quinto crédito para infraestructura hará embaldosado y cambio de techo de la casa para este fin necesita comprar cemento, arena y laminas de zinc esta inversión le ayudara a mejorar la apariencia y el aseo del piso exterior para estar en mejores condiciones ahora que se aproxima la temporada de lluvia.

Previous Loan Details

Humberto is a plumber by profession and has worked for over 27 years in the same company. This economic stability has provided quality of life for his family. He also receives economic support from his wife who is a merchant and both support their three children who are students. With loans ... More from Humberto'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
  • 80
    View loans »
    Nicaragua Loans Fundraising
  • $25,420,300
    Funds lent in using Kiva
  • 24.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Humberto to buy cement, sand, and sheets of zinc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Feb 19, 2013
Mar 1, 2013
Currency Exchange Loss:
Jan 18, 2014