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Alejandro José

Update on Alejandro José

Alejandro lives in the town of Ticuantepe with his wife and children. His wife helps out with household expenses since she works selling nacatamales [Nicaragua-style tamales]. Alejandro has worked for a private firm for many years. His greatest difficulty is that his salary is insufficient to rebuild his house all at once. With this loan he will buy supplies like metal sheeting, roofing purlins, concrete blocks, cement, etc. He is grateful for the support Afodenic provides by means of Kiva funds.
View original language description ↓
El señor Alejandro habita en el municipio de Ticuantepe, junto a su esposa e hijos, su esposa le apoya con los gastos del hogar ya que labora como comerciante de nacatamales, don Alejandro desde hace varios años trabaja en un empresa privada , la mayor dificultad que se le presenta es que su sueldo no es suficiente para poder realizar de una sola vez la reconstrucción de su casa, con este financiamiento compra materiales como: zinc, Perlines, Bloques, Cemento, etc. Agradece el apoyo que le brinda Afodenic atraves de los fondos Kiva

Previous Loan Details

Alejandro lives in the town of Ticuantepe with his wife and children. His wife sells nacatamales to help with the household expenses since they have children to take care of. For several years Alejandro has worked for a private business. The biggest problem he faces is that his salary doesn't ... More from Alejandro José'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
  • 44
    View loans »
    Nicaragua Loans Fundraising
  • $26,249,100
    Funds lent in using Kiva
  • 25.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Alejandro José to buy building supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 21, 2013
Jun 3, 2013
Currency Exchange Loss:
Jul 17, 2014