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Update on Jose

Josè is an unmarried man of 40 years old who is living with his family consisting of his companion for life and his two children. Currently he works for the City Hall as a revenue collector.

He is asking for his 6th loan in order to continue improving his home where he lives, putting in the floor of the house as part of it is in a bad state, and to buy construction materials.

It is worth mentioning that Josè has used all his loans in order to go on improving step by step his home to be able to give his family the basic living conditions.

With the last loan he finished the kitchen, and he is very grateful to Kiva for the opportunity given to him to improve his house little by little in order to have an inheritance to leave to his children.
View original language description ↓
Don Josè de 40 años de edad es soltero, habita junto a su familia compuesta por su compañera de vida y sus 2 hijos, actualmente trabaja para la alcaldia municipal como colector de ingresos. solicita financiamiento de su 6to credito para continuar mejorando su casa de habitaciòn, poniendo el piso de la casa ya que una parte esta en mal estado y comprar de material de construcciòn. Cabe mencionar, que Jose ha utilizado todos sus creditos para ir mejorando poco a poco su casa y poder brindarle a su familia las condiciones basicas en el hogar. Con el credito anterior logro terminar la cocina, y agradece mucho a kiva por la oportunidad que le estan brindando de ir poco a poco mejorando su casa, pues es la herencia que le dejara a sus hijos.

Previous Loan Details

José lives in Nueva Guinea, RAAS; he is married with Maria and has two young children attending primary school. José has been working for ENCAL for a few years as water services reader in this town. With the loan obtained by AFODENIC he has succeeded in keeping his house and improving it littl... More from Jose'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 Nicaragua

  • $4,800
    Average annual income
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $25,792,450
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Jose to make improvements to his house.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 23, 2011
Jan 17, 2012
Currency Exchange Loss:
Jan 18, 2014