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Update on Eliezer

Thirty-six year old Eliezer is married. His wife works as a housekeeper, and he has 2 dependent children. The client has been working for town hall as a municipal policeman.

He is applying for this new loan for the construction of an annex that will serve as a bedroom for his children. This loan will allow him to improve the quality of life for himself and his family, since they will have more living space and greater comfort.
View original language description ↓
El Sr. Eliezer, de 36 años de edad es casado, su esposa trabaja como domestica, tiene 2 hijos que dependen de el. El cliente trabaja para la alcaldia como policia municipal. Solicita este nuevo credito para la construccion de un anexo que le servira como habitacion para sus hijos este credito le permitira una mejora en la calidad de vida de el y su familia ya que tendran un mayor espacio y comodidad para vivir.

Previous Loan Details

Eliezer is 35 years old and has a son. He has worked for the city for 16 years as a police officer. He is asking for his 4th loan with the objective of finishing construction of some rooms on his house. With the previous loan he was only able to start this construction project. The cost of materi... More from Eliezer'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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Eliezer to buy cinder blocks, cement, sand and iron.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jan 31, 2013
Mar 5, 2013
Currency Exchange Loss:
Jun 17, 2014