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Juan Carlos

Update on Juan Carlos

Juan Carlos has been working as a collector for the Juigalpa City Hall for 2 years. He is requesting his second loan to make improvements to his room by plastering it and by installing a floor, aiming to offer a better comfort to his family. It’s worth mentioning that with his previous loan he was able to repair the roof of his room, and he hopes to keep on counting on Kiva’s support to continue improving his room.
View original language description ↓
Juan Carlos trabaja para la Alcaldia Muncipal de Juigalpa desde hace 2 años, desempeñandose como colector. Esta solicitando su 2do credito con el objetivo de mejorar su cuarto repellandolo y poniendole el piso y brindarle mayor comodidad a su familia. Cabe señalar que con el credito anterior logro reparar el techo del cuarto, y espera seguir contando con el apoyo de kiva para continuar mejorandolo.

Previous Loan Details

Juan Carlos is 27 years old and lives together with Luisa Amanda Cruz, with whom he has a seven year old daughter named Cindhy. She is in first grade. Juan Carlos has been working as a collector for the Juigalpa City Hall for a year. He is asking for this loan so that he can replace the zinc s... More from Juan Carlos'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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Juan Carlos to remodel his room.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 8, 2011
Sep 26, 2011
Currency Exchange Loss:
Sep 18, 2012