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Horacio Lucio

Update on Horacio Lucio

Don Horacio, who lives in a district of the Santa Rita region, has worked in the countryside since he was little. Now he is a livestock farmer. He has his own farm suitable for livestock and agricultural development. His main area of development is working with calved cows, to produce cheese and milk, acheiving good profits. This satisfies the needs of his farm and of his nuclear family.

Don Horacio is asking again for credit support to buy 3 calved cows. He is grateful to Afodenic and Kiva as in this way he has moved forward in his finances little by little, with loans.
View original language description ↓
Don Horacio habitante de la comarca Santa Rita en un acolonia, desde pequeño tiene la vocación del trabajo en el campo, actualmente es ganadero agricultor, tiene su finca propia apta para el desarrollo ganadero y agrícola, su principal rubro que desarrolla es el trabajo con vacas paridas, donde elabora queso de la producción de leche, obteniendo buenos beneficios, de esta manera satisface las necesidades de su finca y del núcleo familiar don Horacio solicita nuevamente apoyo de crédito para comprar 3 vacas paridas, el está agradecido con Afodenic y Kiva ya que por este medio ha salido adelante en su economía poco a poco con prestamos.

Previous Loan Details

Señor Horacio is 52 years old. He is married and is a farmer. He lives in La Fonseca, the setlement where he carries out his livestock and farming activities. He is a person who is much-loved in his community. He is kind and caring and has excellent references. He has been doing this work since h... More from Horacio Lucio'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
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,391,875
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Horacio Lucio to buy 3 calved cows.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 19, 2012
Dec 1, 2012
Currency Exchange Loss:
Nov 17, 2014