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Aldo Jose
Aldo O. lives in the Villa del Carman. His significant other works for a private business. He has a seven year old son.

Aldo is a fighter who looks for the best for his family. He is a good father to his son.

His plans are to make improvements to his house and to give his son different options.

He has worked as a security guard in the Villa del Carmen region for six months. He previously worked in the Zona Franca.

He has run into problems building his house. Thanks to the loan from Afodenic, he will buy construction materials like cement, iron, tile, and other materials as this is the beginning of the project.
View original language description ↓
El señor Aldo O., habitante de Villa del Carmen, su acompañante trabajadora de una empresa privada, tiene un hijo de siete años de edad, es un hombre luchador, buscando lo mejor para su familia, buen padre e hijo. Dentro de sus planes realizarle mejoras a su vivienda y ofrecerle diferentes opciones a su hijo. Trabaja en la Alcaldía de Villa del Carmen como guardia de seguridad, desde hace seis meses anteriormente trabajaba en la Zona Franca, se ha encontrado dificultades para la construcción de su casa y gracias al préstamo en Afodenic comprara materiales de construcción tales como: cemento, hierro, azulejo y otros materiales de construcción, siendo la iniciación de su proyecto.

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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Aldo Jose buy construction materials.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 15, 2009
Aug 16, 2009
Currency Exchange Loss:
Nov 15, 2010