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Update on Silvio

Silvio has been working as a security guard for years. His wife runs a small general store and makes tortillas to sell to help cover all their expenses.
Silvio used his previous loan to start building a bedroom for his house. It is not finished yet, but he plans to keep building and finish it. With this loan, he will start building a wall around his home, as there have been a lot of robberies in his neighborhood and he wants to keep his family safe and protect his property.
His four children are still in school, and he hopes to continue being able to support them to give them better opportunities in life.
View original language description ↓
Don Silvio lleva años desempeñandose como guarda de seguridad, tambien su esposa administra una pequeña pulperia y palmea trotillas en su casa y ah si cubrir todos los gastos.
Con el credito anterior logro comenzar un cuarto el cual no termino, y que continuara y que espera terminar. Ya que con este credito comenzara su muro de su vivienda, ya que se han dado muchos robos en el barrio, y quiere dar mejor seguridad a su familia como reguardar su propiedad.
Sus cuatro hijos siguen estudiando, y que espera poder seguir apoyando para que logren mejores condiciones de oportunidad en la vida.

Previous Loan Details

Mr. Silvio G. B. is 40, and lives with his wife and 4 young children in the Laureles Sur neighborhood. His wife is a housewife and takes are of the small convenience store that they have on the porch of their house. For more than 9 years Mr. G. has been working as a security guard to support th... More from Silvio'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
  • 75
    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 $900 helped Silvio to build a wall to protect his property.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Sep 30, 2011
Oct 9, 2011
Currency Exchange Loss:
Apr 18, 2013