Update on Daniel EzequielDaniel has been a farmer his whole life. With the previous loans he has maintained his crops of dragonfruit, pineapple, vegetables such as ayote and pipian (types of squash), etc. Thanks to his harvests the family has moved forward in life. But with this rainy season the harvest tends to become infested with pests and insects, so crop maintenance is recommended.
With the new loan, besides doing maintenance, Daniel will plant two manzanas (3.5 acres) of pineapple, so he needs fertilizers and adequate supplies for the optimal development of the crop.
He will also purchase pineapple seedlings to plant and cultivate. He is grateful for the staunch support that Afodenic and Kiva have provided him.
Previous Loan DetailsDaniel is a small farmer in the Ticuantepe zone. He lives with his wife and children who are all independent. His plan for the future is to support his grandchildren’s schooling so that they will become upstanding citizens and also to make some home improvements because during the winter water l... More from Daniel Ezequiel's previous loan »
About AFODENICThis 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.
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