Jaquelin Sugey Gonzalez Martinez

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Jacquelin Sugey González is 26 years old and lives in the community of Las Enramadas. Her husband works as a delivery driver in order to help with the household expenses. The couple has one dependent child. Jacquelin’s plan for her family includes providing a good education for her child as well as a decent home. She has been working as a domestic employee for a year. She easily tires from having to cook, clean, and iron for different people, but she does whatever it takes so that she can have a larger home in the future. Jacquelin previously worked as a cashier and dispatcher at a grocery store before her employer went bankrupt because of low sales.

Her greatest challenge is not being able to purchase all of her construction materials at once because she does not make enough money and her husband’s salary is used to cover their daily household necessities. Jacquelin thanks AFODENIC for approving her second loan. She will use the funds to purchase materials such as stone and cement. Her first loan was used to buy enough materials to finish a room, but she would like to complete the construction of the entire house so that she can provide better security for her family.

Translated from Spanish by Ronan Reodica, Kiva Volunteer

La Joven Jacquelin Sugey González tiene la edad de 26 años habita en la comunidad las enramadas, junto a su esposo el cual trabaja como transportista para apoyarle con los gastos del hogar, ellos tienen un hijos a cargo , los planes hacia su familia es poder brindarle un mejor educación y un techo digno , ella desde hace un año trabaja como domestica trabajo en el cual es cansado por que tiene que cocinar, lavar ,planchar a varias persona lo cual lo hace para en un futuro tener su casa mas amplia , anteriormente laboraba como cajera y despachadora de una pulpería pero por las ventas bajas la liquidaron. La mayor dificultad que se le presenta es que no puede comprar de una solo vez los materiales de construcción, por el sueldo que devenga es bajo y el de su esposo también pues tiene cubrir las necesidades diaria del hogar, Agradece a Afodenic por la buena aprobación de su segundo préstamo; el cual lo va a invertir en compra de materiales de construcción como: piedra, cemento para ajustar ya que con el primer crédito compro una parte para hacer un cuarto el cual va a terminar de construir para mejor seguridad de su familia.


Important Information About This Loan
Kiva recently posted a message regarding the “No Pago” movement in Nicaragua (a movement for non-payment of loans). This movement, supported mostly by farmers of the north of Nicaragua with ties to the left-wing party in Nicaragua, has been organizing protests and had submitted a law to the government to create a moratorium on debt repayment. Initially it was unclear whether this law would pass, which would have had severe effects on the banking and microfinance industry in Nicaragua. However in the last month the executive branch rejected the law in its current form. The No Pago movement still exists but seems to have lost some steam. There is still a possibility that a law encouraging more restructuring of loans could pass next year, and microfinance institutions are voluntarily restructuring loans to delinquent borrowers, still increasing risk of lending in Nicaragua. However indications are that the situation is less dramatic than before.


About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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