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Lino J. lives in the Laureles Sur neighborhood in the capital city of Managua. He and his wife have three children who attend the neighborhood school. His wife helps with the expenses by washing and ironing to get some income.

With this loan he will buy construction materials to improve his house by finishing the walls and the floor. He works hard to achieve his objectives.

His goal is to give his children an education.

He gives thanks to the institution for the support and the benefit of the installments. That is how he has been able to make improvements on his house.
View original language description ↓
El señor Lino J., reside en el bario Laureles Sur en la capital de Managua, su esposa le tiene tres hijos los cuales estudian en el colegio del bario. Su esposa le apoya con los gastos, lava y plancha para obtener ingresos. Con este crédito comprara materiales de construcción para hacer el fino de las paredes y el piso y mejorar su casa ya que trabaja mucho para lograr sus objetivos. Su meta es poder dar estudio a sus hijos. Da las gracias a la institución por el apoyo y los beneficios de plazos, ya que así ha logrado hacer las mejoras a su casa.

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.

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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Lino buy construction materials to whitewash the walls of his house and to put down a floor.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 25, 2009
Jul 2, 2009
Currency Exchange Loss:
Aug 15, 2010