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Adolfo Candido

Update on Adolfo Candido

Adolfo is a hard-working man who, together with his wife and children, continues growing papaya and guava. He has been selling these delicious fruits for many years.

Adolfo is requesting his eighth loan so that he can maintain his crops and continue growing good fruit to sell at a good price. This will allow him to cover his household expenses. Adolfo hopes that this year goes well for him and that the drought does not affect his crops.
View original language description ↓
Don Adolfo, un señor trabajador junto a su esposa e hijos, continua su labor del cultivo de papaya y guayaba, desde hace muchos años vendiendo estas riquísimas frutas, actualmente solicita un octavo crédito para darle mantenimiento a sus siembros, para lograr siempre buenos frutos y darlos a buen precio, lo que le permitirá cubrir los gastos del hogar, espera que en este año le vaya bien y que la sequia no le afecte la plantacion.

Previous Loan Details

El señor Adolfo M. de 51 años, reside en la comarca de San Isidro, en la capital de Managua, casado su esposa es comerciante, el se dedica a la agricultura a la siembra de maíz y trigo y la venta de carbón es un trabajo cansado ya que desde horas temprana tiene que andar en los riegos y viendo que no haga plaga para poder tener una buena producción . Esta asociado en una cooperativa en la siembra de papaya el cual les da financiamiento y asesoria Taiwanesa. Tiene cinco años de vender el cual inicio con fondos propios y con la venta de ron y gaseosas, este es su quinto ciclo en Afodenic y da las gracias por el apoyo para sus mejoras en su inventario. Con este crédito va a comprar granos básicos, gaseosas para mejorar las ventas. Su objetivo es poder obtener lograr un mejor patrimonio para su familia. More from Adolfo Candido'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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Adolfo Candido to buy urea and complete fertilizers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014