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Abel De Jesús

Update on Abel De Jesús

Abel lives in the town of Ticuantepe, in the Francia community. His family supports him and his wife in everything and they have a young son.

With this new loan he will be able to maintain his pineapple farm and will be able to increase his income and improve his quality of life. He will buy fertilisers, urea, etc so his farm will be able to ward off diseases.

He is grateful for the support and trust that Afodenic and Kiva have given him through the years.
View original language description ↓
El señor Abel de Jesus habitante del municipio de Ticuantepe en la comunidad la Francia, su familia le apoya en todo al igual su esposa quienes ya tienen un hijo pequeño. con este nuevo credito podra darle Mantenimiento a su cultivo de Piña y podra obtener mejores ganancias y sus condiciones de vida cambiaran, el comprara: Urea, Completo, Fertilizante, Triple, etc. asi su cultivo podra combatir las plagas. Agradece el apoyo y la Confianza que Afodenic y Fondos Kiva le han brindado durante estos años.

Previous Loan Details

Abel de Jesús is 29 years old, and he lives in the La Francia neighborhood. He is a farmer. He has a newborn baby who is six months old. For ten years he has been earning his daily living through farming. It was with his father’s support the he learned this line of work. However, with the pa... More from Abel De Jesús'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

  • $4,800
    Average annual income
  • 100
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Abel De Jesús to buy supplies to maintain the farm.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 23, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014