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Bayardo Antonio

Update on Bayardo Antonio

Bayardo lives, together with his children, in the municipality of Ticuantepe. He works as a construction contractor. Bayardo works hard in order to help his children get ahead and provide them with a dignified home with the best conditions possible.

It is difficult for Bayardo to gather enough money together at one time to purchase materials and continue working toward his dream of owning a house. With this new loan, he will buy some necessary items such as cement, sand, metal beams, zinc, and piedrin.

Bayardo is grateful to Afodenic and Kiva for the confidence they have put in him and the help they've offered.
View original language description ↓
El señor Bayardo habita enel municipio de Ticuantepe, junto a sus hijos, el es contratista de Construccion y a trabajado duro para sacar adelante a sus hijos y darles un hogar digno y con optimas condiciones, para el es dificil recaudar de una sola vez el dinero para la compra de materiales y continuar con su gran sueño que es tener su casa propia, con este nevo financiamiento comprara lo necesario como: Cemento, Arena. Perlines, Zinc, Piedrin. Agradece a Afodenic y Fondos Kiva por la confianza y apoyo brindado

Previous Loan Details

Mr. Bayardo lives in the municipality of Ticuantepe with his five children. He is a single father and has worked for several years for a construction company as a mason. He plans to make improvements for his family's lives. He does not have much money and his salary does not provide him with enou... More from Bayardo Antonio'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
  • 60
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Bayardo Antonio to buy construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 28, 2013
Mar 9, 2013
Currency Exchange Loss:
Feb 17, 2014