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Juan Carlos

Update on Juan Carlos

Juan Carlos is the father of two children, who are students and the focus of his life. He worked in a free trade zone, but now he owns a small meat business. Juan Carlos's marriage wasn't successful, but he tries to get ahead. He has applied for a loan to renovate his house and put up walls so that he can slowly make improvements that will ensure that his children have a safe home.
View original language description ↓
El joven Juan Carlos, es padre de dos hijos quienes estudian, y para él es lo primordial en la vida. El trabajaba en zona franca, pero hoy en día se ha mantenido en su pequeño negocio de venta de carnes. Juan Carlos no tuvo suerte en su matrimonio, busca como salir adelante. Solicita el crédito para hacer mejoras en su hogar, necesita hacer divisiones para cuarto, de esa manera ir avanzando poco a poco para garantizarles a sus hijos un hogar seguro.

Previous Loan Details

Carlos works these days as an industrial supervisor. His wife is a worker in the Free Trade Zone. They both decided to go to work because the meat and vegetable business alone doesn’t cover all of the family expenses and his three children go to school. The meat and vegetable business cont... More from Juan Carlos'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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $625 helped Juan Carlos to buy blocks, iron, cement, and stone.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jun 22, 2013
Jul 7, 2013
Currency Exchange Loss:
Aug 6, 2013