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Update on Vidal

Vidal lives with his wife and three children in the community of Juigalpa in the department of Chontales. He works in the construction business as a foreman and he pays for his family's expenses with his salary. The purpose of the loan is to buy construction materials like quarry stone, cement and sand, and to pay for labour for the excavation of a sanitary sewer in his house in order to install a toilet, since they currently use a latrine. With this project, Vidal will provide better conditions and hygiene for his family.
View original language description ↓
Don Vidal, habita con sus tres hijos y esposa en el municipio de Juigalpa del departamento de Chontales. Trabaja en el sector de la construcción como maestro de obra, con su salario cubre los gastos familiares de su familia. El propósito del crédito es comprar materiales de construcción como piedras canteras, cemento, arenilla y pago de mano de obra para la excavación de sumidero sanitario en su casa de habitación, para la construcción de un inodoro, puesto que actualmente usan una letrina. Con esta obra el señor Vidal brindará mejores condiciones e higiene a su familia.

Previous Loan Details

Vidal G. is 43 years old and married. For nine years he has worked as a building foreman for the city hall of Juigalpa. He has one son who is currently in third year of secondary school. He needs financing in order to change the roof of his house as well as put in flooring and paint the outs... More from Vidal'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
  • $26,391,875
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,200 helped Vidal to buy quarry stone, cement and sand, and to pay for labour.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 30, 2013
Sep 15, 2013
Currency Exchange Loss:
Oct 15, 2013