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Bladimir

Update on Bladimir

Bladimir lives in the neighborhood of Hialeah, which is a fairly vulnerable area due to crime. Like all fathers, he wants his children to have a good education so that they can fend for themselves in the future. He and his wife hope to keep providing for their family with their grocery store. He will use this loan to buy basic grains, dairy products, juice, soft drinks, and pastries, among other items.
View original language description ↓
Don Bladimir, habitante del barrio Hialeah una zona bastante vulnerable por la delincuencia, el es un hombre que como todo padre desea que sus hijos tengan una buena educación, para que en el futuro se puedan valer por ellos mismos, su esposa ve el negocio de pulpería con el que desean salir adelante junto a su familia. Este crédito es para comprar granos básicos, lácteos, jugos, gaseosas, reposterías entre otros.

Previous Loan Details

Mr. Bladimir is the father of two kids, he is dedicated to work, he is an accountant, and worked on his profession for several years and with his severance he started his own business, a grocery store in which he and his wife work in order to improve their service and help each other to improve t... More from Bladimir'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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Bladimir to buy basic grains, dairy products, juice, soft drinks, and pastries.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2013
Listed
May 18, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014