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Update on Wilberto

Wilberto is the father of one child, age 11, whom he supports in his education, among other expenses. Wilberto works as a lathe operator in a workshop and his wife runs a small convenience store in their home.

Wilberto wants to add a pebbledash surface to the walls and floor of the humble home that, with great effort and sacrifice, he has been building in stages. With the loan he is asking for, he will be able to buy materials such as cement and sand, and pay for the labor. This will improve, bit by bit, the living conditions of him and his family.
View original language description ↓
Wilberto, es padre de un hijo de 11 años de edad a quien apoya en su educación entre otros gastos, Wilberto se dedica a trabajar como mecánico tornero en un taller y su esposa atiende una pequeña pulpería que tiene en su casa de habitación, Wilberto desea repellar las paredes y piso de su humilde hogar que con tanto esfuerzo y sacrificio ha venido levantando por etapas, con el financiamiento que solicita podrá comprar los materiales como cemento, arena y el pago de la mano de obra, lo que vendrá a mejorar cada vez más sus condiciones de vida junto a su familia.

Previous Loan Details

Wilberto, 27, is married and has worked as a lathe operator for the Sr. Bismarck Campos Workshop for 10 years. He is asking for his third loan in order to legalize the land his father gave him and also to begin construction on his house and bring greater comfort to his family. His dream is to be ... More from Wilberto's previous loan »

Additional Information


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.


About Nicaragua

  • $4,800
    Average annual income
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,409,250
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Wilberto to buy materials such as cement and sand, and to pay for labor.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Dec 5, 2013
Jan 4, 2014
Currency Exchange Loss:
Jun 17, 2015