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Elvis Yamil

Update on Elvis Yamil

Elvis is a young man, who lives in a municipality close to the capital, Managua. He works as a secretary in a government institution. His wife is a cashier. They have had difficulties paying back their previous loan because of problems with their daughter’s health. They work for the well-being of their daughter, so that she can have a good university education and get ahead in life.

Elvis is requesting a loan for the third time to put up a wall in the rear part of his house. This is because when it rains, all the running water comes into their home. He will buy cement, sand, stone, blocks, iron, purlins, zinc, and wire. In this way, he will repair their home little by little.
View original language description ↓
El joven Elvis es habitante de un municipio cercano a la capital Managua, siempre trabaja como secretario en una institución del gobierno, su esposa es cajera, con dificultades termino de pagar su crédito anterior a causa de problemas de salud de su hija, por quien ellos trabajan para el bienestar de ella y que pueda tener una buena educación universitaria y salir adelante en la vida. Solicita crédito por tercera ocasión para levantar un muro en la parte trasera de su casa debido a que cuando llueve toda la corriente del agua se mete en su propiedad, para el cual comprara cemento, arena, piedrines, bloques, hierro, perlines, zinc, arena y alambre, de esa manera ira reparando poco a poco su vivienda.

Previous Loan Details

Mr. Elvis Yamil L. F. is married and he and his wife live with their one daughter in the municipality of Nandasmo. His wife works as a cashier and helps with household expenses. He has worked as a secretary in a private business for more than 10 years. They live in a humble house and, because of ... More from Elvis Yamil'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
  • 44
    View loans »
    Nicaragua Loans Fundraising
  • $26,249,100
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $925 helped Elvis Yamil to buy cement, sand, stone, blocks, iron, purlins, zinc and wire.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 7, 2012
Nov 1, 2012
Currency Exchange Loss:
Nov 30, 2012