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Update on Isidoro

Isidoro, 60, continues working with his taxi and his wife selling national traditional fried fast-food snacks. With the income they earn they support their 17-year-old son who is in fifth year of secondary school. They feel satisfied because they’ve provided education for their other children who are all now married and independent. Isidoro has gradually been doing home improvements and has also been repairing his vehicle when it’s been in poor condition with help from Afodenic and Kiva loans who he’s very grateful to for improving his living conditions. Now, with this ninth loan he wants to buy building materials and supplies to continue improving his house. This time he will buy sand, gravel, iron, cement and tile to repair the floor and to lay tile at home.
View original language description ↓
Don Isidro a sus 60 años continua trabajando en su taxi y su esposa en la venta de fritanga comida típica del país con estos ingresos ellos apoyan a su hijo de 17 años quien cursa el quinto año de la secundaria, se sienten satisfechos porque le han brindado estudios a sus otros hijos que ya son casados e independientes, don Isidoro poco a poco ha venido haciéndole mejoras a su hogar y también ha reparado su vehículo cuando está en malas condiciones, con ayuda de préstamos de Afodenic y Kiva a quienes agradece mucho por facilitar sus condiciones de vida, ahora con este noveno crédito desea comprar materiales de construcción para seguir mejorando su casa, esta vez comprara arena, piedrín, hierro, cemento y cerámica para reparar el piso e instalar cerámica en su vivienda.

Previous Loan Details

Isidoro is a hard-working entrepreneur. Together with his wife, he has plans to improve the infrastructure of his home. With his previous loan, he managed to install dividing walls between his rooms and his kitchen. This was a great benefit to his family as they now have more privacy. With ... More from Isidoro'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
  • 57
    View loans »
    Nicaragua Loans Fundraising
  • $26,425,425
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Isidoro to buy building materials to repair the floor and lay tile.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 30, 2012
Dec 5, 2012
Currency Exchange Loss:
Jan 18, 2014