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Manuel Angel
Don Manuel is 43 years old, and lives in the Minuha colony of Villa del Carmen municipality. He is married, and has 2 children. One of his children works, while the other studies. Manuel works as an internal auditor. His plans are to support his children so they can complete their studies. With this loan, Manuel will build a porch to enjoy with his family. He gives thanks to Afodenic for the opportunity to improve his home.
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Don Manuel tiene la edad de 43 años, reside en una colonia Minuha en el municipio Villa del Carmen, casado, su esposa es ama de casa y le tiene dos hijos, uno trabaja el otro estudia, el señor Manuel se desempeña como audito interno, sus planes para sus hijos es apoyarlo para que culminen sus estudios. Con este préstamo que esta solicitando es para infraestructura en la construcción de un porche para gozar junto con su familia las mejoras. Da las gracias Afodenic por la oportunidad de poder estar en mejores condiciones.

Additional Information

About AFODENIC

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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 19.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Manuel Angel to purchase construction materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2009
Listed
Jul 14, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009