Jessica Jamilet A. is 28 years old and lives in teh las Borgonas neighborhood in the Ticuantepe commuity, together with her husband who works as a laborer and supports her with the household expenses. They have two six and seen year old children, who are both in elementary school. Their plans for their family are to build their house, now that their house is actually deteriorated. For three years she has worked as a cook in a restaurant. Their biggest difficulty has been the lack of finances to start part of the construction with the work of her husband and herself. With the loan she is going to buy construction materials and be able to make the repairs to her house to offer them a dignified house.
La señora Jessica jamilet Álvarez , tiene la edad de 28 años , habita en el barrio las Borgoñas en la comunidad de Ticuantepe, junto a su esposo el cual trabaja como albañil y le apoya con los gastos del hogar , ellos tiene dos hijos de seis y siete años , los dos estudian su primaria , los planes hacia su familia es construir su casa , ya que actualmente la casa de doña Jessica esta bien deteriorada , ella desde hace tres años trabaja como cocinera en un Restaurante , la mayor dificultad que se le presenta es la falta de financiamiento, ella inicio parte de la construcción con el esfuerzo de su esposo y de ella misma . Con el préstamo va a comprar materiales de construcción y poder hacer las mejoras a su casa para ofrecer a sus hijos una casa digna.
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.