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Jose Roberto

Update on Jose Roberto

Mr. José, a modest and humble man, has worked for many years. He lives in the municipality of Ticuantepe together with his wife and children. One of his dreams is to have a better quality of life and give his children the best.

José works for a private company and his family supports his decisions. With this new loan he will buy construction materials to continue building his house, such as cement, sand and bricks. José appreciates the support that Afodenic and Kiva Funds have given him.
View original language description ↓
El señor Jose, hombre humilde y sencillo, trabajador desde hace muchos años, habita en el municipio de Ticuantepe junto a su esposa e hijos, uno de sus sueños es poder mejorar de condiciones de vida ya que el quiere darle a sus hijos lo mejor, el labora para una empresa privada y su le apoya en sus decisiones con este nuevo credito comprara Materiales para seguir en la construccion de su casa, comprara Materiales como: Cemento, Arena, Bloques etc. Agadece el Apoyo que Afodenic y Fondos Kiva le han brindado

Previous Loan Details

José lives in the town of Ticuantepe with his family. For several years he has worked for a private company, but his financial situation does not allow him to buy all at once the construction materials to build a kitchen. Where his wife makes the food every day is a campfire, and the smoke from... More from Jose Roberto'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
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Jose Roberto to buy construction materials.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Feb 28, 2013
Mar 20, 2013
Currency Exchange Loss:
Feb 17, 2014