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Alfonso Javier

Update on Alfonso Javier

Alfonso is 44 years old and the father of 5 children, including 19-year-old twins who are the oldest. He supports all of them equally with his small income from selling dairy products. He buys these products at the market and sells them in the neighborhood where he lives. His wife helps him with a small business selling cosmetics from a catalog. In this way, the family survives and covers its daily expenses. With the previous loan, Alfonso was able to finish the porch section of his house. Now, with this second loan he is requesting, he will complete the perimeter wall around his home, which is necessary for his children's safety.
View original language description ↓
Don Alfonso tiene 44 años de edad, es padre de 5 hijos entre ellos unos gemelos de 19 años siendo los mayores, a todos los apoya por igual, con su pequeño ingreso vendiendo productos lácteos los cuales compra en el mercado y los vende en el barrio donde habita, su esposa le ayuda con su pequeña venta de cosméticos por catalogo, de esta manera esta familia sobreviven a los gastos diarios, don Alfonso con el crédito anterior logro realizar parte del porche de su casa, ahora con este segundo crédito que solicita realizara el muro perimetral de su vivienda, la cual es necesario par a la seguridad de sus hijos.

Previous Loan Details

Alfonso is a client who has sold dairy products for the past 12 years. His wife also sells cheese. With their income, they help their children so that they go to school and prepare for their future. Alfonso doesn't want his children to have the same fate he did. He has been unable to find work be... More from Alfonso Javier'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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $25,101,575
    Funds lent in using Kiva
  • 25.5
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,025 helped Alfonso Javier to buy cement, sand, iron bars, concrete blocks and building stones.
Repayment Term
19 months (Additional Information)
Repayment Schedule
Dec 19, 2013
Jan 15, 2014
Currency Exchange Loss:
Feb 14, 2014