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Domingo Antonio

Update on Domingo Antonio

Domingo is a family man, with a wife who is a homemaker and a school-age daughter who depend upon him. He works as an assistant bricklayer for a government institution. He has not been able to achieve his goal of purchasing a piece of land because he has been making improvements on the home where he and his family currently live. As a result, he is requesting this loan to raise the cash that will allow him to purchase the land. This will eventually let his family be more independent in their own home.
View original language description ↓
El Sr. Domingo es casado, su esposa es ama de casa, tiene una hija en edad escolar ambas dependen económicamente de él, trabaja para una institución del gobierno, desempeñando el cargo de ayudante de albañil. Domingo en vista de que no ha podido cumplir con su objetivo, porque ha estado haciendo mejoras en casa de su familiar donde actualmente habita, solicita el crédito para completar el efectivo y poder comprar un pequeño solar, para independizarse y que su familia tenga su propio hogar.

Previous Loan Details

Domingo has worked in the Juigalpa City Hall for the past two years as an assistant builder. He now seeks his second credit to buy a small plot of land beside that of his mother, in order to give his family more independence in their own home. He currently lives in his parents' house but wants to… More from Domingo 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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,441,425
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $925 helped Domingo Antonio purchase a small plot of land.
83% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2013
Listed
Sep 15, 2013
Currency Exchange Loss:
Possible