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Juan Guillermo

Update on Juan Guillermo

Juan sells bottled water. He has his own machine to seal the bottles, which he sells in quantity and this is his main source of income. He is asking for this loan to buy supplies such as packaging to sell water. He expects to buy another machine so he can increase his production and income and support himself mutually with his wife.
View original language description ↓
Don Juan es un señor que se dedica a la actividad comercial de venta de agua en bolsitas selladas, el tiene sus propias maquinas para sellar el agua, el cual vende por mayor, siendo este su principal medio de ingresos solicita el crédito para invertir en materia prima como empaque rotulado para la venta de agua. Espera en un futuro comprar una maquina mas para aumentar la producción y seguir mejorando sus ingresos, asi apoyarse mutuamente con su esposa.

Previous Loan Details

Juan Guillermo, aged 57, lives in the district of San Judas de Managua, an area populated by those with very scarce resources. Juan makes a living selling water and soft drinks in his home and on the street. In Nicaragua, these products are known colloquially as "bolsitas" or "boli"- drinks packa... More from Juan Guillermo'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 Nicaragua

  • $4,800
    Average annual income
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 25.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Juan Guillermo to buy packaging.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Feb 28, 2014
Mar 29, 2014
Currency Exchange Loss:
Jan 17, 2015