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Rodrigo Antonio

Update on Rodrigo Antonio

Rodrigo is single and a resident of a marginalized neighborhood of Managua. The money that he earns as a security guard goes toward supporting his mother, and his children's education.

He is requesting a loan in order to make improvements to his home. He would like to change the roof which is in very bad shape and causes discomfort to the family when it rains.
View original language description ↓
Don Rodrigo, habitante de un barrio marginal de Managua, es soltero sus ingresos como guarda de seguridad son destinado para apoyar los estudios de sus hijos y a su madre. Hoy en día solicita el crédito para realizar mejoras en su hogar, desea cambiar el entechado el cual está en muy malas condiciones de habitar y con las lluvias es muy incomodo para la familia.

Previous Loan Details

Rodrigo still works as a security guard. His two children are growing and attending school. His wife is still working and they're both still making home improvements. His house is currently made entirely of concrete. Part of this success came from the funding Afodemic has provided in various loa... More from Rodrigo 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 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.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 25.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Rodrigo Antonio to buy zinc sheet metal and beams.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2013
Listed
Aug 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014