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Francisco Javier

Update on Francisco Javier

Francisco learned to work in agriculture from his parents when he was very young. His wife is in business selling the fruit her husband harvests. With this loan he will provide maintenance for his pineapple crop because it is almost time for the fruit to ripen and he wants it to be of good quality.

He will buy: "Completo", "Triple", urea and fertilizer. He is grateful for the support received from Kiva and Afodenic.
View original language description ↓
El señor Francisco, desde muy joven sus padres le enseñaron el trabajo agricola, su esposa tiene como actividad comercial venta de frutas que son las que cosecha su esposo, con este credito el dara mantenimiento a su cosecha de Piña, ya que esta pronta a reventar el fruto y quiere que sus piña sean de calidad, comprara. Completo, Triple, Urea y Fertilizante, Agradece el apoyo que ha recibido de Kiva y Afodenic.

Previous Loan Details

Francisco is 52 years old. All of his family has been dedicated to farming for many years. He is married and his wife always is selling fruit harvested from their own farm. They work together with their children in their agricultural jobs. He has had some problems with the planting but he always… More from Francisco Javier'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.

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About Nicaragua

  • $3,636
    Average annual income
  • 169
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,200 helped Francisco Javier to buy farm supplies.
58% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2013
Listed
Nov 15, 2013
Currency Exchange Loss:
Possible