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Update on Efrain

Efrain is now father to two beautiful young children who he supports together with his wife so that they can study and become upstanding people in life. He continues to work as a police officer which has enabled him to provide for his family and be able to pay his loans. With this 14th loan, Efrain will invest in his home's infrastructure to set up railings and walls: he will buy cement, blocks, iron, sand and ready-made railings so that he can modify his home little by little to make it pleasing to the eye and more organized all thanks to the financing. All of this so that in the future his children can live comfortably and be proud of their parents.
View original language description ↓
Don Efrain ahora es padre de dos hermosos hijos menores de edad a los que apoya en conjunto con su esposa para que estudien y sean personas de bien en la vida, el siempre continua con su trabajo de oficial de la policía profesión que le ha dado para mantener a su familia y poder pagar sus créditos, con este 14avo crédito invertirá en infraestructura para su casa con la puesta de verjas y paredes, comprara cemento, bloques, hierro, arena y verjas ya elaboradas, a como puede Efraín va poco a poco modificando su hogar para verla bonita y en orden gracias a los financiamientos, para que en un futuro sus hijos vivan cómodos y orgullos de sus padres.

Previous Loan Details

Efrain by profession works with the State in public services. For over 23 years he has been working for the good of the communities. During that time, through studies, he has been managing to improve conditions. He is married, and his wife works at a TipTop chicken store. His two young childr... More from Efrain'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
  • 41
    View loans »
    Nicaragua Loans Fundraising
  • $26,236,725
    Funds lent in using Kiva
  • 24.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Efrain to buy cement, blocks, iron, sand and ready-made railings.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 9, 2013
Jan 12, 2013
Currency Exchange Loss:
Apr 16, 2014