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Cesar Antonio

Update on Cesar Antonio

Cesar is a construction worker. He is asking for a loan to build a perimeter wall on the south side of his house, as he lives in a neighborhood in Managua that is highly dangerous. He wants to provide his wife and children with better security, and to little by little improve the structure of his house.
View original language description ↓
Don cesar, es un señor que se dedica a trabajar como albañil, solicita el crédito porque necesita construir el muro perimetral del lado sur de su vivienda ya que habita en un barrio de Managua altamente peligroso, con esta obra el pretende brindarle seguridad a su esposa e hijos, así como también ir acondicionando su vivienda poco a poco.

Previous Loan Details

Cesar is a parent and a tenacious man with fine principles. His primary priority has been the well-being of his family. Specifically, his children are his priority because they are young and need his help. That is the motivation that drives him to request support from Afodenic and Kiva once ... More from Cesar Antonio'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
  • 118
    View loans »
    Nicaragua Loans Fundraising
  • $23,724,925
    Funds lent in using Kiva
  • 25.4
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $725 helped Cesar Antonio to buy cement, sand, iron, bricks, wire cord.
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2014
Listed
Apr 15, 2014
Currency Exchange Loss:
Possible
Expired:
May 15, 2014