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Santos Matias

Update on Santos Matias

Santos is 41 years old and married. His wife works as a seamstress and they also have a small cabinetmaking shop at home, where they make extra income to maintain their household. This client has been working for City Hall as a city police officer for eleven years. He is requesting a new loan to finish building his house and purchase wood, zinc, and other materials. His plans include remodeling a bathroom that is in terrible condition, and finishing and plastering the walls that will work as room dividers.
View original language description ↓
El sr. Santos de 41 años de edad es casado, su esposa trabaja como costurera ademas que ellos tienen un pequeño taller de ebanisteria en su casa de donde obtienen ingresos extras para la manutencion del hogar. El cliente trabaja para la alcaldia como policia municipal desde hace 11 años. Solicita este nuevo credito para culminar la construccion de su vivienda y realizar la compra de madera, zinc y otros materiales, en sus planes esta la remodelacion de un baño que esta en pesimas condiciones, culminacion y repello de paredes que le serviran como divisiones de sala.

Previous Loan Details

Santos works as a guard at the Juigalpa City Hall, a job he has held for the past 10 years. He now seeks his fourth credit, in order to continue improving his housing. He wishes to build another room in his house to better provide for his family, as currently it has only one room and the annex ... More from Santos Matias'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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Santos Matias to buy sheets of zinc, wood, nails, and beams.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jan 31, 2013
Mar 4, 2013
Currency Exchange Loss:
Dec 17, 2013