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Oscar Vicente

Update on Oscar Vicente

Mister Oscar lives in the municipality of Nindiri. His wife is a modest and hard working woman and between the two of them, they have given their children opportunities to get ahead in life. With this new loan, they will purchase the following: Fertilizers (like Completo, Triple, urea and others). He thanks Afodenic and Kiva for the support they have shown him in the past few years.
View original language description ↓
El señor Oscar, habita en el municipio de Nindiri, su esposa una mujer humilde y trabajadora entre los dos han sacado adelante a sus hijos, con este nuevo credito que se le ha otorgado comprar lo siguiente: Completo, Urea, Triple, Fertilizantes etc. Agradece el apoyo de Afodenic y Fondos Kivas quienes durante estos años le han brindado.

Previous Loan Details

Oscar is a humble farmer in the Nindirí area of Nicaragua. He lives with his wife, who works as a merchant to help with household expenses, and they have children under their care. Their plan is to improve their living conditions because their biggest dream is for their children to attend college... More from Oscar Vicente'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
  • 36
    View loans »
    Nicaragua Loans Fundraising
  • $26,391,875
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Oscar Vicente care for his crops.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
At end of term
Jan 31, 2013
Feb 12, 2013
Currency Exchange Loss:
May 17, 2014