Lino José Gutiérrez, 25, lives in the Agusto Farría neighborhood, which is in Masaya. His wife works as a shopkeeper to help meet household expenses; they have a two-year-old son. His future plans for his family is to be able to build their own home since they currently share space in his mother-in-law's house and it is very difficult to have any privacy for his family. For the past three years, Lino has worked as a bicycle sales- and repairman. He started his business using his wife's savings and his severance pay from his former job. A year later, he is grateful to Afodenic for having approved his first loan which he used to buy various replacement parts. He managed to repay in a timely fashion. Now, he would like this second loan to buy motorcycle replacement parts to offer his customers better service. In the future, he would like to buy a space in the market so that he can work from there and earn higher profits to build his house since building materials are very expensive and he must proceed little by little to give his family their own, suitable housing.
El joven Lino José Gutiérrez, tiene la edad de 25 años, habita en el barrio A gusto Farría, ubicado en Masaya , junto a su esposa la cual trabaja como comerciante para apoyarle con los gastos del hogar , ellos tienen un hijos de dos añitos , los planes futuros hacia su familia es poder construir su vivienda ya que actualmente habitan en la casa de su suegra y se le hace muy difícil tener una privacidad con su familia , don Lino desde hace tres años trabaja en reparación y venta de bicicletas , el inicio con ahorro de su esposa y la liquidación de su anterior trabajo , un año después agradece el apoyo de afodenic por la buena aprobación de su primer crédito el cual invirtió en comprar de diferentes repuesto y logro pagarlo en tiempo y forma , ahora con este segundo quiere repuesto para motocicletas y ofrecer un mejor servicio a sus clientes . En un futuro quiere comprar un tramo en el mercado y poder trabajar desde allí y obtener más ganancias y construir su vivienda ya que los materiales de construcción están caros y tiene que ir poco a poco para poder darle a su familia una vivienda propia y 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.