Check out some available loans that are similar to this one!
Mario Antonio

Update on Mario Antonio

Mario Antonio M.A., lives in the community of San Juan de la Concepcion with his wife and children. She is a merchant who has sold fruit and vegetables for many years and he is a farmer who grows pineapples and pitahaya. His children are still small and go to school. With this new loan he will buy materials and fertilizers such as urea, Triple, Complete, fungicide, etc. This will give him optimal maintenance of his crops.He is very grateful for the support that Afodenic and Fondos Kiva has given him.
View original language description ↓
El señor Mario Antonio M.A., habita en la comarca San Juan de la Concepcion, junto a su esposa e hijos, ella es comerciante, desde hace muchos años vende Frutas y Verduras, el se dedica al trabajo de la Tierra ya que cultiva, Piña y Pitahaya, sus hijos estan pequeños todavia ya que asisten al colegio, con este nuevo credito comprara Insumos y Fertilizantes como: Urea, Triple, Completo, Fungicida, etc asi dara un optimo mantenimiento a sus cultivos, Agradece mucho el apoyo que Afodenic y Fondos Kiva le han brindado.

Previous Loan Details

Mario Antonio M. A. is 38 years old. He is married and his wife sells fruit and vegetables. They have 2 children, one teenager who is in hgih school and another who is in elementary school. Mario Antonio is a farmer with more than 15 years of experience. Over the years, insect infestations ha... More from Mario Antonio'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

  • $3,636
    Average annual income
  • 86
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Mario Antonio to maintain his crop.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
Apr 26, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014