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Alexanders Jose

Update on Alexanders Jose

Alexanders has always been dedicated to his family. He has been working for many years. He is working for a private company and also grows citrus like lemons, oranges, and mandarins. He is currently requesting this loan to buy fertilizers, because his fruit has just been harvested and the trees need to be maintained properly. He appreciates the support and trust that Kiva, in partnership with Afodenic, have given him.
View original language description ↓
el señor Alexanders, siempre cumplido con sus familia, trabaja desde hace muchos años el labora para una empresa privada ademas se dedica al cultivo de citricos como Limones, Naranjas, Mandarinas, actualmente el solicita el credito para la compra de Abonos y Fertilizantes, ya que la cosecha acaba de pasar y los arboles requieren de un optimo mantenimiento, Agredece el apoyo y confianza que Kiva en conjunto a Afodenic le han brindado.

Previous Loan Details

Alexanders is a young entrepreneur, who lives with his wife and daughter. He dreams of improving their living conditions. He is self-employed and also harvests citrus fruits. He is currently tending oranges and sweet lemons, which will be ready to harvest in December. His wife supports him uncond... More from Alexanders Jose'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.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 25.4
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $800 helped Alexanders Jose to buy farming supplies.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2014
Listed
Apr 15, 2014
Currency Exchange Loss:
Possible
Expired:
May 15, 2014
This photo was used before for a previous loan for Alexanders Jose. It was first posted on Kiva on Oct, 2013. Learn More