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Ernesto Jose

Update on Ernesto Jose

Ernesto is 30 years old. His wife is a homemaker; she hasn't been able to find work. They have three children. He has to work a lot, only on his salary sometimes, so he can give them a decent life and they can study. He works in a coffee company and his biggest desire is to continue improving his house.

He's going to use this loan to install a bathroom. He'll buy a toilet, sand, and cement so they can have better living conditions and especially so it will look better.

Little by little he has been improving the infrastructure with loans from AFODENIC through Kiva funds. He's very happy about this important support.
View original language description ↓
Ernesto de 30 años esposa es ama de casa no ha podido encontrar empleo, tienen tres hijos, el tiene que trabajar mucho para poderles ofrecer a ellos una vida digna y que puedan estudiar solamente con su salario a veces, trabaja en una empresa de café y sus mayores deseos son seguir mejorando su casa, este crédito lo invertirá en la instalación de servicios higiénicos, comprara inodoro, arena, cemento para así vivir en mejores condiciones y sobre todo mejor presentación, poco a poco ha ido mejorando la infraestructura con créditos otorgados por Afodenic con fondos Kiva por lo que está muy contento por este apoyo tan importante .

Previous Loan Details

Ernesto is married, his wife is the home-maker, his children are students. His plan is to support their children to be prepared and have a profession. He has worked for a private company for some time. Their house requires the improvement of it's infrastructure and also the electrical system i... More from Ernesto 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 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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,768,275
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ernesto Jose to buy a toilet, sand, and cement for a bathroom.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 29, 2012
Jan 10, 2013
Currency Exchange Loss:
Oct 17, 2013