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Jose Humberto

Update on Jose Humberto

Humberto is a hardworking man. He works hard every day with his wife and children to fulfill his dream of finishing his house and improving their living conditions. With the loan that Afrodenic and Kiva have given him, he will purchase the materials necessary to build part of his dream. He is very grateful for the trust place in him over the years.
View original language description ↓
El señor Humberto, hombre trabajador, junto a su esposa e hijos lucha dia a dia para lograr cumplir su sueño terminar su casa, y mejorar sus condiciones de vida. con este credito que Afodenic y Fondos Kiva le han brindado comprara los materiales necesarios para construir parte de este sueño. Agradece mucho la confianza que se le ha brindado estos años.

Previous Loan Details

Humberto is a resident of the Concepcion municipality. He is very happy about the support that Kiva has given him over several agricultural loan cycles. Thanks to these loans he was able to establish himself very well. But now he needs a loan to build a wall in front of his humble home. This is a... More from Jose Humberto'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
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,388,300
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Jose Humberto purchase construction materials.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Feb 19, 2013
Mar 1, 2013
Currency Exchange Loss:
Oct 17, 2014