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Juan Bladimir

Update on Juan Bladimir

Juan Bladimir continues with his plans to improve his home. The rear part of this house is made of plastic and zinc, especially the bathroom and toilet., He is seeking this loan to purchase blocks, iron and cement. His wife helps him financially as she sells tortillas, soup and beans. He is a mototaxi driver. He is grateful for the help that he has received.
View original language description ↓
El señor Juan Bladimir, continua con sus planes de mejorar las condiciones de su vivienda, la parte trasera de la misma aun esta construida con Platicos, Zinc sobre todo el Baño y el inodoro, el credito lo solicita para comprar, Bloques, Hierro, Cemento. su esposa lo ayuda economicamente ya que es comerciante vende Tortilla, Sopa y Frojoles el es conductor de Mototaxi. Agradece el apoyo que se le ha brindado.

Previous Loan Details

Juan Bladimir lives in Ticuantepe with his wife who sells fast-food and tortillas. His plan for the future is to improve the living conditions. Juan has had his own mototaxi for several years and it’s his source of income to provide his family’s daily bread but it does not generate sufficient ... More from Juan Bladimir'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.

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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $23,624,275
    Funds lent in using Kiva
  • 25.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Juan Bladimir purchase construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2014
Listed
Feb 4, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015
This photo was used before for a previous loan for Juan Bladimir. It was first posted on Kiva on Nov, 2012. Learn More