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Asociación El Comején Group
In this Group: José Luis, Julio Manuel, Daniel , Rómulo José, Carlos, Sixto Francisco

Update on Asociación El Comején Group

The Committee for Potable Water with ASODECCOM is located in the department of Masaya. The Committee has been operating a community well for more than seven years. It supplies the rural community of Comején No. 2 with potable water for 710 families, as well as the community's schools and churches, more than 3,500 users. The community is currently undersupplied, because the submersible pump isn't working to capacity. This means people in the community have to travel long distances to buy much more expensive water, with an increased risk of contracting illnesses.

The Committee is seeking a loan for the purchase and installation of a new pump and control panel that will allow the restoration of potable water to the community.
View original language description ↓
“El Comité de Agua Potable “ASODECCOM”, se encuentra ubicado en el departamento de Masaya. El CAPS lleva operando por más de 7 años un pozo de agua comunitario, que abastece de agua potable a 710 familias de la comunidad rural del Comején No. 2, así como escuelas e iglesias de esta comunidad, que suman alrededor de más de 3,500 usuarios directos. Actualmente la comunidad está desabastecida de agua potable debido a que la bomba sumergible no está trabajando a su capacidad, teniendo los pobladores que viajar largas distancias para comprar agua mucho más cara en algunos puestos e incrementando el riesgo de contraer enfermedades. El CAPS solicita un préstamo para compra e instalación de una nueva bomba y panel de control que permita la restitución del servicio de agua potable a la comunidad.

Previous Loan Details

The Asociación para el Desarrollo de la Comarca El Comején No. 2 [Association for the Development of the Comején Region No. 2] (ASODESCCOM) is a non-profit organization that was founded in August 2007 to provide community water services to 493 users. It now supplies water to around 5,830 residen... More from Asociación El Comején Group's previous loan »

Additional Information

More information about this loan

This loan is part of an AFODENIC pilot project to provide capital to Drinking Water and Sanitation Committees. These committees are comprised of community members who work on a volunteer basis to manage wells and water distribution in the rural areas where they live, which do not have access to government-provided running water. Loans are disbursed to committee members, who represent their entire communities – hundreds or even thousands of individuals – using a solidarity guarantee. Committees use these loans to repair water pumps, install water meters, and buy new pumps or motors for existing distribution systems. Loan repayments are made jointly via small contributions from all members of the community who benefit from water access. Committee members are responsible for collecting and tracking repayments. Kiva is very excited to support AFODENIC's initiative to expand access to clean drinking water in rural Nicaragua. 


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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Nicaragua

  • $4,800
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 25.3
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Asociación El Comején Group's $6,100 loan helped a member to purchase a new pump and control panel.
43% repaid
Repayment Term
51 months (Additional Information)
Repayment Schedule
Aug 15, 2013
Aug 24, 2013
Currency Exchange Loss: