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Oscar Enrique

Update on Oscar Enrique

Oscar is a humble and hardworking man who lives in the municipality of Ticuantepe together with his family. His dream is to improve their living conditions. Oscar has worked for a private company for many years and his wife contributes with her job as a housekeeper. The biggest difficulty he faces is not being able to gather the money he needs to buy the materials due to problems that arise all the time.

With this loan he has been granted, he will buy building materials, such as cement, sand and bricks. He appreciates the support that AFODENIC, together with Kiva Funds, have given him all these years.
View original language description ↓
El señor Oscar hombre humilde y trabajador, habitante del municipio de Ticuantepe junto a su familia sueña con poder mejorar sus condiciones de vida, el trabaja para una empresa privada desde hace muchos años y su esposa le apoya con los gastos del hogar ya que trabaja realizando dias en casa privadas, su mayor dificultad que se le presenta es que no puede recaudar de una sola vez el dinero para comprar los materiales ya que siempre se le presentan problemas, con este nuevo credito que se le ha otorgado comprara materiales como cemento, Arena, Bloques, Agradece el apoyo que Afodenic en conjunto a Fondos Kiva le han brindado estos años.

Previous Loan Details

Oscar resides in Ticuantepe municipality with his family. His wife takes in laundry and ironing to help with household expenses. His plan for his family is to improve economic conditions. Oscar has worked for 20 years for a private firm but his salary is insufficient to be able to pay for a ... More from Oscar Enrique'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
  • 45
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Oscar Enrique to buy building materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 22, 2013
May 25, 2013
Currency Exchange Loss:
Jul 17, 2014
This photo was used before for a previous loan for Oscar Enrique. It was first posted on Kiva on Apr, 2012. Learn More