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German Antonio

Update on German Antonio

German is 42 years old and lives with his partner, who is a homemaker. He supports three children. This client has been working for City Hall as a sanitation worker for fourteen years. He is requesting a new loan to purchase construction material like quarry stone, cement, iron, etc. He wants to gradually buy everything he needs in order to build his house with concrete, because currently it is made of wood and zinc. This loan will allow them to realize their dream of having a safe and beautiful home for the whole family.
View original language description ↓
El sr. German de 42 años de edad es acompañado , su señora es ama de casa y tiene 3 hijos que dependen de el. El cliente trabaja para la alcaldia como operario de limpieza desde hace 14 años. Solicita un nuevo credito para la compra de materiales de cosntruccion como piedras cantera, cemento, hierro etc e ir comprando todo lo necesario para construir su casa de concreto ya que en la actualidad es de madera y zinc, este credito les ayudara a ir realizando su sueño de tener una casa segura y bonita para el y toda su familia.

Previous Loan Details

German has worked for the City Hall in Juigalpa for 13 years, carrying out the duties of a city police office. He is seeking his sixth loan for the purpose of putting up some concrete walls in his home. Currently the walls are made of wood, and he wants to go about fixing it up little by little. ... More from German Antonio'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

  • $3,636
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,036,450
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $825 helped German Antonio to buy quarry stone, cement, iron, etc.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 31, 2013
Mar 4, 2013
Currency Exchange Loss:
Nov 17, 2014